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47642 Stephanie Dr, Macomb, MI 48044

3 beds • 2 baths • 1512 sqft

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This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $93,642 initial cash invested.

0.78%

Cash On Cash

6.54%

Cap Rate

1.12

DSCR

$3,594

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,642

Downpayment

20%

$72,040

Closing costs

1%

$3,602

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,594

Total Expenses

$3,533

Mortgage P&I

49%

$1,757

Property Taxes

12%

$423

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

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