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$4,322 (target)

47040 Timberlane St, Northville, MI 48167

3 beds • 3 baths • 3011 sqft

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This property looks like a bad Mid-Term investment with a projected -12.43% first-year return on $175k initial cash invested.

-12.43%

Cash On Cash

3.5%

Cap Rate

0.57

DSCR

$4,322

Rent

-$1,811

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,322 income − $6,133 expenses = $1,811 out of pocket

Income$4,322Out of Pocket$1,811Mortgage P&I$3,81488%Property Taxes$59014%Insurance$2596%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47511%

Investment Breakdown

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Purchase Price

$747k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$149k

Closing costs

1%

$7,470

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,322

Total Expenses

$6,133

Mortgage P&I

88%

$3,814

Property Taxes

14%

$590

Home Insurance

6%

$259

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$475

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