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$1,617 (target)

5409 Hopkins Rd, Flint, MI 48506

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Mid-Term investment with a projected -4.84% first-year return on $54,834 initial cash invested.

-4.84%

Cash On Cash

5.39%

Cap Rate

0.83

DSCR

$1,617

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,617 income − $1,838 expenses = $221 out of pocket

Income$1,617Out of Pocket$221Mortgage P&I$94458%Property Taxes$27717%Insurance$664%Management$19412%CapEx$654%Vacancy$493%Maintenance$654%Other$17811%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,834

Downpayment

20%

$35,080

Closing costs

1%

$1,754

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,617

Total Expenses

$1,838

Mortgage P&I

58%

$944

Property Taxes

17%

$277

Home Insurance

4%

$66

HOA

0%

$0

Property Management

12%

$194

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$178

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