REI Lense

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$2,786 (target)

4344 Waterloo Rd, Waterford, MI 48329

3 beds • 2 baths • 2328 sqft

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This property might be a fair Mid-Term investment with a projected 3.9% first-year return on $75,015 initial cash invested.

3.9%

Cash On Cash

7.48%

Cap Rate

1.27

DSCR

$2,786

Rent

$244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,015

Downpayment

20%

$54,300

Closing costs

1%

$2,715

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,786

Total Expenses

$2,542

Mortgage P&I

48%

$1,338

Property Taxes

6%

$165

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$306

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