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$3,638 (target)

5191 Saint Richard Dr, Shelby Township, MI 48316

3 beds • 3 baths • 1792 sqft

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This property looks like a bad Mid-Term investment with a projected -0.75% first-year return on $103k initial cash invested.

-0.75%

Cash On Cash

6.19%

Cap Rate

1.04

DSCR

$3,638

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,638 income − $3,703 expenses = $65 out of pocket

Income$3,638Out of Pocket$65Mortgage P&I$2,01755%Property Taxes$3068%Insurance$1424%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%

Investment Breakdown

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Purchase Price

$407k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,360

Closing costs

1%

$4,068

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,638

Total Expenses

$3,703

Mortgage P&I

55%

$2,017

Property Taxes

8%

$306

Home Insurance

4%

$142

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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