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585 Aquila Dr, East Lansing, MI 48823

3 beds • 3 baths • 3006 sqft

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This property looks like a bad Mid-Term investment with a projected -11.43% first-year return on $122k initial cash invested.

-11.43%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$3,633

Rent

-$1,162

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

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,633

Total Expenses

$4,795

Mortgage P&I

67%

$2,435

Property Taxes

21%

$747

Home Insurance

5%

$178

HOA

6%

$200

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$400

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