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$1,918 (target)

4432 N Belsay Rd, Flint, MI 48506

3 beds • 3 baths • 2040 sqft

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This property looks like a bad Mid-Term investment with a projected -1.49% first-year return on $63,591 initial cash invested.

-1.49%

Cash On Cash

5.91%

Cap Rate

1

DSCR

$1,918

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,918 income − $1,997 expenses = $79 out of pocket

Income$1,918Out of Pocket$79Mortgage P&I$1,07256%Property Taxes$1729%Insurance$1005%Management$23012%CapEx$774%Vacancy$583%Maintenance$774%Other$21111%

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,591

Downpayment

20%

$43,420

Closing costs

1%

$2,171

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,918

Total Expenses

$1,997

Mortgage P&I

56%

$1,072

Property Taxes

9%

$172

Home Insurance

5%

$100

HOA

0%

$0

Property Management

12%

$230

CapEx

4%

$77

Vacancy

3%

$58

Maintenance

4%

$77

Other

11%

$211

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