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5936 Wellington Dr, Clarkston, MI 48346

3 beds • 2 baths • 1587 sqft

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This property looks like a bad Mid-Term investment with a projected -4.31% first-year return on $108k initial cash invested.

-4.31%

Cash On Cash

5.17%

Cap Rate

0.88

DSCR

$3,154

Rent

-$388

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,154

Total Expenses

$3,542

Mortgage P&I

67%

$2,110

Property Taxes

7%

$210

Home Insurance

5%

$150

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

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