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$3,531 (target)

521 Iroquois Ct, Oxford, MI 48371

3 beds • 3 baths • 3178 sqft

$1,275,000

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This property looks like a bad Mid-Term investment with a projected -25.31% first-year return on $286k initial cash invested.

-25.31%

Cash On Cash

0.74%

Cap Rate

0.12

DSCR

$3,531

Rent

-$6,026

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,531 income − $9,557 expenses = $6,026 out of pocket

Income$3,531Out of Pocket$6,026Mortgage P&I$6,670189%Property Taxes$1,20334%Insurance$44613%HOA$381%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%

Investment Breakdown

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Purchase Price

$1275k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$286k

Downpayment

20%

$255k

Closing costs

1%

$12,750

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,531

Total Expenses

$9,557

Mortgage P&I

189%

$6,670

Property Taxes

34%

$1,203

Home Insurance

13%

$446

HOA

1%

$38

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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