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$2,498 (target)

503 Seminole Dr, Tecumseh, MI 49286

3 beds • 3 baths • 2917 sqft

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This property looks like a bad Mid-Term investment with a projected -3.32% first-year return on $74,742 initial cash invested.

-3.32%

Cash On Cash

5.92%

Cap Rate

0.93

DSCR

$2,498

Rent

-$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,498 income − $2,705 expenses = $207 out of pocket

Income$2,498Out of Pocket$207Mortgage P&I$1,44158%Property Taxes$31212%Insurance$1024%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,742

Downpayment

20%

$54,040

Closing costs

1%

$2,702

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,498

Total Expenses

$2,705

Mortgage P&I

58%

$1,441

Property Taxes

12%

$312

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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