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$1,665 (target)

503 Seminole Dr, Tecumseh, MI 49286

3 beds • 3 baths • 2917 sqft

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This property looks like a bad Long-Term investment with a projected -13.15% first-year return on $56,742 initial cash invested.

-13.15%

Cash On Cash

4.01%

Cap Rate

0.63

DSCR

$1,665

Rent

-$622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,665 income − $2,287 expenses = $622 out of pocket

Income$1,665Out of Pocket$622Mortgage P&I$1,44187%Property Taxes$31219%Insurance$1026%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,742

Downpayment

20%

$54,040

Closing costs

1%

$2,702

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,665

Total Expenses

$2,287

Mortgage P&I

87%

$1,441

Property Taxes

19%

$312

Home Insurance

6%

$102

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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