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50053 Middle River Dr, Macomb, MI 48044

3 beds • 3 baths • 1900 sqft

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This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $95,742 initial cash invested.

2.41%

Cash On Cash

7.04%

Cap Rate

1.2

DSCR

$4,314

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,742

Downpayment

20%

$74,040

Closing costs

1%

$3,702

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,314

Total Expenses

$4,122

Mortgage P&I

42%

$1,806

Property Taxes

17%

$716

Home Insurance

3%

$131

HOA

0%

$1

Property Management

12%

$518

CapEx

4%

$173

Vacancy

3%

$129

Maintenance

4%

$173

Other

11%

$475

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