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$2,821 (target)

51763 Battanwood Dr, Macomb, MI 48042

3 beds • 3 baths • 4160 sqft

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This property looks like a bad Long-Term investment with a projected -18.06% first-year return on $134k initial cash invested.

-18.06%

Cash On Cash

2.6%

Cap Rate

0.42

DSCR

$2,821

Rent

-$2,016

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,821 income − $4,837 expenses = $2,016 out of pocket

Income$2,821Out of Pocket$2,016Mortgage P&I$3,257115%Property Taxes$60822%Insurance$2278%HOA$12Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$638k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$128k

Closing costs

1%

$6,380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,821

Total Expenses

$4,837

Mortgage P&I

115%

$3,257

Property Taxes

22%

$608

Home Insurance

8%

$227

HOA

0%

$12

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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