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465 N Mansfield St, Ypsilanti, MI 48197

3 beds • 2 baths • 1856 sqft

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This property might be a fair Mid-Term investment with a projected 4.22% first-year return on $82,764 initial cash invested.

4.22%

Cash On Cash

7.51%

Cap Rate

1.3

DSCR

$3,840

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,764

Downpayment

20%

$61,680

Closing costs

1%

$3,084

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,840

Total Expenses

$3,549

Mortgage P&I

39%

$1,486

Property Taxes

17%

$638

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$422

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