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49712 Split Rock Rd, Macomb, MI 48044

3 beds • 3 baths • 2287 sqft

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This property looks like a bad Mid-Term investment with a projected -22.16% first-year return on $142k initial cash invested.

-22.16%

Cash On Cash

0.68%

Cap Rate

0.12

DSCR

$1,852

Rent

-$2,627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$592k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,918

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,852

Total Expenses

$4,479

Mortgage P&I

156%

$2,887

Property Taxes

40%

$737

Home Insurance

10%

$192

HOA

2%

$33

Property Management

12%

$222

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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