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$3,890 (target)

546 Parkland Dr, Rochester Hills, MI 48307

3 beds • 3 baths • 2088 sqft

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This property looks like a bad Mid-Term investment with a projected -6.39% first-year return on $129k initial cash invested.

-6.39%

Cash On Cash

4.92%

Cap Rate

0.8

DSCR

$3,890

Rent

-$687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,890 income − $4,577 expenses = $687 out of pocket

Income$3,890Out of Pocket$687Mortgage P&I$2,69869%Property Taxes$3509%Insurance$1925%HOA$13Management$46712%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42811%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,284

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,890

Total Expenses

$4,577

Mortgage P&I

69%

$2,698

Property Taxes

9%

$350

Home Insurance

5%

$192

HOA

0%

$13

Property Management

12%

$467

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$428

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