Unlock all features! Tap here to upgrade
52655 Chestnut Grove Ln, Shelby Township, MI 48316
3 beds • 3 baths • 2654 sqft
$561,600
View on ZillowThis property looks like a bad Mid-Term investment with a projected -7.79% first-year return on $136k initial cash invested.
-7.79%
Cash On Cash
4.49%
Cap Rate
0.74
DSCR
$3,908
Rent
-$882
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,908 income − $4,790 expenses = $882 out of pocket
Investment Breakdown
|
Purchase Price
$562k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$136k
Downpayment
20%
$112k
Closing costs
1%
$5,616
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,908
Total Expenses
$4,790
Mortgage P&I
72%
$2,827
Property Taxes
10%
$401
Home Insurance
5%
$201
HOA
1%
$33
Property Management
12%
$469
CapEx
4%
$156
Vacancy
3%
$117
Maintenance
4%
$156
Other
11%
$430