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$2,800 (target)

54375 Jeffery Dr, Macomb, MI 48042

3 beds • 3 baths • 2938 sqft

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This property looks like a bad Mid-Term investment with a projected -6.87% first-year return on $99,501 initial cash invested.

-6.87%

Cash On Cash

4.73%

Cap Rate

0.77

DSCR

$2,800

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,800 income − $3,370 expenses = $570 out of pocket

Income$2,800Out of Pocket$570Mortgage P&I$1,98871%Property Taxes$26610%Insurance$1646%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,501

Downpayment

20%

$77,620

Closing costs

1%

$3,881

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,800

Total Expenses

$3,370

Mortgage P&I

71%

$1,988

Property Taxes

10%

$266

Home Insurance

6%

$164

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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