Unlock all features! Tap here to upgrade
5116 W Bloomfield Lake Rd, West Bloomfield, MI 48323
3 beds • 5 baths • 6750 sqft
$3,500,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -23.56% first-year return on $753k initial cash invested.
-23.56%
Cash On Cash
1.14%
Cap Rate
0.19
DSCR
$8,728
Rent
-$14,787
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$8,728 income − $23,515 expenses = $14,787 out of pocket
Investment Breakdown
|
Purchase Price
$3500k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$753k
Downpayment
20%
$700k
Closing costs
1%
$35,000
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$8,728
Total Expenses
$23,515
Mortgage P&I
204%
$17,772
Property Taxes
17%
$1,513
Home Insurance
14%
$1,225
HOA
0%
$38
Property Management
12%
$1,047
CapEx
4%
$349
Vacancy
3%
$262
Maintenance
4%
$349
Other
11%
$960