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54895 Starlite Dr, Shelby Township, MI 48316

3 beds • 2 baths • 2813 sqft

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This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $69,300 initial cash invested.

-7.67%

Cash On Cash

4.65%

Cap Rate

0.79

DSCR

$2,084

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,084

Total Expenses

$2,527

Mortgage P&I

78%

$1,619

Property Taxes

12%

$251

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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