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$7,262 (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 Mid-Term investment with a projected -12.79% first-year return on $312k initial cash invested.

-12.79%

Cash On Cash

3.49%

Cap Rate

0.57

DSCR

$7,262

Rent

-$3,325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,262 income − $10,587 expenses = $3,325 out of pocket

Income$7,262Out of Pocket$3,325Mortgage P&I$7,10998%Property Taxes$5207%Insurance$4907%Management$87112%CapEx$2904%Vacancy$2183%Maintenance$2904%Other$79911%

Investment Breakdown

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Purchase Price

$1400k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$312k

Downpayment

20%

$280k

Closing costs

1%

$14,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,262

Total Expenses

$10,587

Mortgage P&I

98%

$7,109

Property Taxes

7%

$520

Home Insurance

7%

$490

HOA

0%

$0

Property Management

12%

$871

CapEx

4%

$290

Vacancy

3%

$218

Maintenance

4%

$290

Other

11%

$799

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