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$2,712 (target)

4421 Lamson Dr, Waterford, MI 48329

3 beds • 2 baths • 1730 sqft

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This property might be a fair Mid-Term investment with a projected 3.74% first-year return on $71,214 initial cash invested.

3.74%

Cash On Cash

7.59%

Cap Rate

1.26

DSCR

$2,712

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,712 income − $2,490 expenses = $222 cash flow

Income$2,712Mortgage P&I$1,27347%Property Taxes$2088%Insurance$893%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%Cash Flow$222

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,214

Downpayment

20%

$50,680

Closing costs

1%

$2,534

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,712

Total Expenses

$2,490

Mortgage P&I

47%

$1,273

Property Taxes

8%

$208

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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