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4367 Apache Dr, Burton, MI 48509

3 beds • 2 baths • 1258 sqft

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This property looks like a bad Long-Term investment with a projected -3.98% first-year return on $43,113 initial cash invested.

-3.98%

Cash On Cash

6.27%

Cap Rate

0.95

DSCR

$1,640

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,640 income − $1,783 expenses = $143 out of pocket

Income$1,640Out of Pocket$143Mortgage P&I$1,13469%Property Taxes$1519%Insurance$724%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,113

Downpayment

20%

$41,060

Closing costs

1%

$2,053

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$1,783

Mortgage P&I

69%

$1,134

Property Taxes

9%

$151

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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SQFT

Distance

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5

4

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0.6 mi

1255 S Forest Knoll St

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2

1

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0.9 mi

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$2,850

5

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0.6 mi

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$1,100

2

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$2,850

5

4

3030

0.6 mi

Projection Charts

Investment Value YoY

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