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$2,574 (target)

619 W 5th St, Monroe, MI 48161

3 beds • 2 baths • 1828 sqft

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This property might be a fair Mid-Term investment with a projected 2.66% first-year return on $61,449 initial cash invested.

2.66%

Cash On Cash

8.17%

Cap Rate

1.2

DSCR

$2,574

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,574 income − $2,438 expenses = $136 cash flow

Income$2,574Mortgage P&I$1,16945%Property Taxes$32012%Insurance$743%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$136

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,449

Downpayment

20%

$41,380

Closing costs

1%

$2,069

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,574

Total Expenses

$2,438

Mortgage P&I

45%

$1,169

Property Taxes

12%

$320

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

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