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$4,128 (target)

59639 Glacier Rdg S, Washington, MI 48094

3 beds • 4 baths • 4779 sqft

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This property looks like a bad Mid-Term investment with a projected -12.36% first-year return on $156k initial cash invested.

-12.36%

Cash On Cash

3.81%

Cap Rate

0.59

DSCR

$4,128

Rent

-$1,606

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,128 income − $5,734 expenses = $1,606 out of pocket

Income$4,128Out of Pocket$1,606Mortgage P&I$3,52685%Property Taxes$3849%Insurance$2366%HOA$1854%Management$49512%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45411%

Investment Breakdown

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Purchase Price

$657k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,566

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,128

Total Expenses

$5,734

Mortgage P&I

85%

$3,526

Property Taxes

9%

$384

Home Insurance

6%

$236

HOA

4%

$185

Property Management

12%

$495

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$454

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