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$3,142 (target)

4621 Trotters Pointe Cir, Midland, MI 48642

3 beds • 3 baths • 1557 sqft

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This property looks like a bad Mid-Term investment with a projected -2.13% first-year return on $82,974 initial cash invested.

-2.13%

Cash On Cash

6.15%

Cap Rate

0.99

DSCR

$3,142

Rent

-$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $3,289 expenses = $147 out of pocket

Income$3,142Out of Pocket$147Mortgage P&I$1,60751%Property Taxes$50316%Insurance$1104%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,974

Downpayment

20%

$61,880

Closing costs

1%

$3,094

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,142

Total Expenses

$3,289

Mortgage P&I

51%

$1,607

Property Taxes

16%

$503

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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