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$3,656 (target)

634 S Vermont Ave, Royal Oak, MI 48067

3 beds • 2 baths • 1469 sqft

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This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $86,229 initial cash invested.

3.84%

Cash On Cash

8.24%

Cap Rate

1.23

DSCR

$3,656

Rent

$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,656 income − $3,380 expenses = $276 cash flow

Income$3,656Mortgage P&I$1,80949%Property Taxes$2146%Insurance$1143%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$276

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,229

Downpayment

20%

$64,980

Closing costs

1%

$3,249

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,656

Total Expenses

$3,380

Mortgage P&I

49%

$1,809

Property Taxes

6%

$214

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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