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$2,095 (target)

4621 Trotters Pointe Cir, Midland, MI 48642

3 beds • 3 baths • 1557 sqft

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This property looks like a bad Long-Term investment with a projected -12.39% first-year return on $64,974 initial cash invested.

-12.39%

Cash On Cash

4.04%

Cap Rate

0.65

DSCR

$2,095

Rent

-$671

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,095 income − $2,766 expenses = $671 out of pocket

Income$2,095Out of Pocket$671Mortgage P&I$1,60777%Property Taxes$50324%Insurance$1105%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,974

Downpayment

20%

$61,880

Closing costs

1%

$3,094

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,095

Total Expenses

$2,766

Mortgage P&I

77%

$1,607

Property Taxes

24%

$503

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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