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5837 Northridge Cir, Waterford, MI 48327

3 beds • 3 baths • 2570 sqft

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This property looks like a bad Long-Term investment with a projected -10.91% first-year return on $65,457 initial cash invested.

-10.91%

Cash On Cash

3.94%

Cap Rate

0.67

DSCR

$1,963

Rent

-$595

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,457

Downpayment

20%

$62,340

Closing costs

1%

$3,117

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,963

Total Expenses

$2,558

Mortgage P&I

77%

$1,520

Property Taxes

16%

$318

Home Insurance

6%

$110

HOA

5%

$100

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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