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$1,913 (target)

511 S Gulley Rd, Dearborn, MI 48124

3 beds • 2 baths • 1719 sqft

$1,007,000

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This property looks like a bad Long-Term investment with a projected -24.56% first-year return on $211k initial cash invested.

-24.56%

Cash On Cash

0.78%

Cap Rate

0.13

DSCR

$1,913

Rent

-$4,328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1007k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$211k

Downpayment

20%

$201k

Closing costs

1%

$10,070

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,913

Total Expenses

$6,241

Mortgage P&I

255%

$4,886

Property Taxes

30%

$577

Home Insurance

15%

$280

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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