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$7,587 (target)

49022 Plum Tree Ct, Plymouth, MI 48170

3 beds • 4 baths • 4982 sqft

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This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $166k initial cash invested.

2.31%

Cash On Cash

7.15%

Cap Rate

1.17

DSCR

$7,587

Rent

$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,587 income − $7,269 expenses = $318 cash flow

Income$7,587Mortgage P&I$3,56747%Property Taxes$86711%Insurance$2563%Management$91012%CapEx$3034%Vacancy$2283%Maintenance$3034%Other$83511%Cash Flow$318

Investment Breakdown

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Purchase Price

$703k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,025

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$7,587

Total Expenses

$7,269

Mortgage P&I

47%

$3,567

Property Taxes

11%

$867

Home Insurance

3%

$256

HOA

0%

$0

Property Management

12%

$910

CapEx

4%

$303

Vacancy

3%

$228

Maintenance

4%

$303

Other

11%

$835

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