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42519 Addison Ave, Canton, MI 48187

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $93,264 initial cash invested.

1.34%

Cash On Cash

6.6%

Cap Rate

1.14

DSCR

$3,514

Rent

$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,264

Downpayment

20%

$71,680

Closing costs

1%

$3,584

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,514

Total Expenses

$3,410

Mortgage P&I

49%

$1,726

Property Taxes

10%

$348

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$105

Maintenance

4%

$141

Other

11%

$387

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