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5611 Versailles Ave, Ann Arbor, MI 48103

3 beds • 4 baths • 2461 sqft

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This property looks like a bad Mid-Term investment with a projected -3.59% first-year return on $122k initial cash invested.

-3.59%

Cash On Cash

5.33%

Cap Rate

0.92

DSCR

$4,464

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,040

Closing costs

1%

$4,952

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,464

Total Expenses

$4,829

Mortgage P&I

53%

$2,385

Property Taxes

15%

$682

Home Insurance

4%

$168

HOA

2%

$75

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$491

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