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$3,975 (target)

57558 Suffield Dr, Washington, MI 48094

3 beds • 3 baths • 2095 sqft

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This property looks like a bad Mid-Term investment with a projected -2.19% first-year return on $115k initial cash invested.

-2.19%

Cash On Cash

5.8%

Cap Rate

0.98

DSCR

$3,975

Rent

-$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,975 income − $4,185 expenses = $210 out of pocket

Income$3,975Out of Pocket$210Mortgage P&I$2,29158%Property Taxes$3409%Insurance$1634%HOA$401%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43711%

Investment Breakdown

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Purchase Price

$463k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,660

Closing costs

1%

$4,633

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,975

Total Expenses

$4,185

Mortgage P&I

58%

$2,291

Property Taxes

9%

$340

Home Insurance

4%

$163

HOA

1%

$40

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$437

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