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$4,652 (target)

4533 Hillview Shrs, Clarkston, MI 48348

3 beds • 3 baths • 2991 sqft

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This property might be a fair Mid-Term investment with a projected 5.99% first-year return on $97,947 initial cash invested.

5.99%

Cash On Cash

8.53%

Cap Rate

1.33

DSCR

$4,652

Rent

$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,652 income − $4,163 expenses = $489 cash flow

Income$4,652Mortgage P&I$2,03044%Property Taxes$4069%Insurance$1453%Management$55812%CapEx$1864%Vacancy$1403%Maintenance$1864%Other$51211%Cash Flow$489

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,947

Downpayment

20%

$76,140

Closing costs

1%

$3,807

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,652

Total Expenses

$4,163

Mortgage P&I

44%

$2,030

Property Taxes

9%

$406

Home Insurance

3%

$145

HOA

0%

$0

Property Management

12%

$558

CapEx

4%

$186

Vacancy

3%

$140

Maintenance

4%

$186

Other

11%

$512

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