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$4,488 (target)

53284 Wolf Dr, Shelby Township, MI 48316

3 beds • 2 baths • 1742 sqft

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This property could be a profitable Mid-Term investment with a projected 10.7% first-year return on $91,773 initial cash invested.

10.7%

Cash On Cash

9.44%

Cap Rate

1.57

DSCR

$4,488

Rent

$818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,488 income − $3,670 expenses = $818 cash flow

Income$4,488Mortgage P&I$1,76539%Property Taxes$2055%Insurance$1724%Management$53912%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49411%Cash Flow$818

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,488

Total Expenses

$3,670

Mortgage P&I

39%

$1,765

Property Taxes

5%

$205

Home Insurance

4%

$172

HOA

0%

$0

Property Management

12%

$539

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$494

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