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$4,841 (target)

5671 Shadow Ln, Bloomfield Hills, MI 48302

3 beds • 3 baths • 3400 sqft

$1,400,000

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This property looks like a bad Long-Term investment with a projected -18.51% first-year return on $294k initial cash invested.

-18.51%

Cash On Cash

2.41%

Cap Rate

0.4

DSCR

$4,841

Rent

-$4,536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,841 income − $9,377 expenses = $4,536 out of pocket

Income$4,841Out of Pocket$4,536Mortgage P&I$7,109147%Property Taxes$52011%Insurance$49010%Management$48410%CapEx$2425%Vacancy$2906%Maintenance$2425%

Investment Breakdown

|

Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$294k

Downpayment

20%

$280k

Closing costs

1%

$14,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,841

Total Expenses

$9,377

Mortgage P&I

147%

$7,109

Property Taxes

11%

$520

Home Insurance

10%

$490

HOA

0%

$0

Property Management

10%

$484

CapEx

5%

$242

Vacancy

6%

$290

Maintenance

5%

$242

Other

0%

$0

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