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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 Long-Term investment with a projected -28.35% first-year return on $124k initial cash invested.

-28.35%

Cash On Cash

0.03%

Cap Rate

0

DSCR

$1,235

Rent

-$2,936

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

$124k

Downpayment

20%

$118k

Closing costs

1%

$5,918

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,235

Total Expenses

$4,171

Mortgage P&I

234%

$2,887

Property Taxes

60%

$737

Home Insurance

16%

$192

HOA

3%

$33

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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