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53165 Briar Dr, Shelby Township, MI 48316

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Long-Term investment with a projected -6.35% first-year return on $75,747 initial cash invested.

-6.35%

Cash On Cash

4.9%

Cap Rate

0.84

DSCR

$2,267

Rent

-$401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,747

Downpayment

20%

$72,140

Closing costs

1%

$3,607

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,267

Total Expenses

$2,668

Mortgage P&I

78%

$1,762

Property Taxes

8%

$189

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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