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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 Long-Term investment with a projected -12.16% first-year return on $90,090 initial cash invested.

-12.16%

Cash On Cash

3.64%

Cap Rate

0.62

DSCR

$2,103

Rent

-$913

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

$90,090

Downpayment

20%

$85,800

Closing costs

1%

$4,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,103

Total Expenses

$3,016

Mortgage P&I

100%

$2,110

Property Taxes

10%

$210

Home Insurance

7%

$150

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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