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4161 Seminole Dr, Royal Oak, MI 48073

3 beds • 2 baths • 1767 sqft

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This property looks like a bad Long-Term investment with a projected -10.55% first-year return on $106k initial cash invested.

-10.55%

Cash On Cash

4.02%

Cap Rate

0.69

DSCR

$3,184

Rent

-$931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$504k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$101k

Closing costs

1%

$5,042

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,184

Total Expenses

$4,115

Mortgage P&I

77%

$2,460

Property Taxes

21%

$662

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$318

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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