REI Lense

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$4,292 (target)

42475 Dharte Ct, Clinton Township, MI 48038

3 beds • 3 baths • 3195 sqft

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This property looks like a bad Mid-Term investment with a projected -0.05% first-year return on $103k initial cash invested.

-0.05%

Cash On Cash

6.9%

Cap Rate

1.08

DSCR

$4,292

Rent

-$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,292 income − $4,296 expenses = $4 out of pocket

Income$4,292Out of Pocket$4Mortgage P&I$2,16450%Property Taxes$52712%Insurance$1453%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,160

Closing costs

1%

$4,058

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,292

Total Expenses

$4,296

Mortgage P&I

50%

$2,164

Property Taxes

12%

$527

Home Insurance

3%

$145

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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