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$3,198 (target)

46270 Hollowoode Ln, Macomb, MI 48044

3 beds • 2 baths • 2194 sqft

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This property might be a fair Mid-Term investment with a projected 0.77% first-year return on $85,578 initial cash invested.

0.77%

Cash On Cash

6.81%

Cap Rate

1.11

DSCR

$3,198

Rent

$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,198 income − $3,143 expenses = $55 cash flow

Income$3,198Mortgage P&I$1,64351%Property Taxes$2989%Insurance$1144%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%Cash Flow$55

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,578

Downpayment

20%

$64,360

Closing costs

1%

$3,218

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,198

Total Expenses

$3,143

Mortgage P&I

51%

$1,643

Property Taxes

9%

$298

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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