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$2,966 (target)

48297 Mallard Dr, Chesterfield, MI 48047

3 beds • 2 baths • 1408 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $84,129 initial cash invested.

0.71%

Cash On Cash

6.63%

Cap Rate

1.11

DSCR

$2,966

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,966 income − $2,916 expenses = $50 cash flow

Income$2,966Mortgage P&I$1,57253%Property Taxes$2258%Insurance$1104%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$50

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,966

Total Expenses

$2,916

Mortgage P&I

53%

$1,572

Property Taxes

8%

$225

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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