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$4,082 (target)

4177 Conne Mara Ln, Waterford, MI 48329

3 beds • 2 baths • 1842 sqft

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This property might be a fair Mid-Term investment with a projected 7.96% first-year return on $85,431 initial cash invested.

7.96%

Cash On Cash

8.72%

Cap Rate

1.46

DSCR

$4,082

Rent

$567

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,082 income − $3,515 expenses = $567 cash flow

Income$4,082Mortgage P&I$1,60239%Property Taxes$41110%Insurance$1153%Management$49012%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44911%Cash Flow$567

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,431

Downpayment

20%

$64,220

Closing costs

1%

$3,211

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,082

Total Expenses

$3,515

Mortgage P&I

39%

$1,602

Property Taxes

10%

$411

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$490

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$449

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