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$1,632 (target)

6111 Billmyer Hwy, Tecumseh, MI 49286

3 beds • 2 baths • 1881 sqft

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This property looks like a bad Long-Term investment with a projected -17.77% first-year return on $79,758 initial cash invested.

-17.77%

Cash On Cash

2.73%

Cap Rate

0.44

DSCR

$1,632

Rent

-$1,181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,632 income − $2,813 expenses = $1,181 out of pocket

Income$1,632Out of Pocket$1,181Mortgage P&I$1,962120%Property Taxes$29018%Insurance$1368%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,758

Downpayment

20%

$75,960

Closing costs

1%

$3,798

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,632

Total Expenses

$2,813

Mortgage P&I

120%

$1,962

Property Taxes

18%

$290

Home Insurance

8%

$136

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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