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$3,234 (target)

5045 Culver Rd, Brighton, MI 48114

3 beds • 2 baths • 1512 sqft

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This property might be a fair Mid-Term investment with a projected 7.1% first-year return on $77,262 initial cash invested.

7.1%

Cash On Cash

8.55%

Cap Rate

1.41

DSCR

$3,234

Rent

$457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,234 income − $2,777 expenses = $457 cash flow

Income$3,234Mortgage P&I$1,42444%Property Taxes$1545%Insurance$1003%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%Cash Flow$457

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,262

Downpayment

20%

$56,440

Closing costs

1%

$2,822

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,234

Total Expenses

$2,777

Mortgage P&I

44%

$1,424

Property Taxes

5%

$154

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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