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6380 Wellesley Ter, Clarkston, MI 48346

3 beds • 3 baths • 3515 sqft

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This property could be a profitable Mid-Term investment with a projected 10.49% first-year return on $99,501 initial cash invested.

10.49%

Cash On Cash

9.17%

Cap Rate

1.57

DSCR

$5,086

Rent

$870

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,501

Downpayment

20%

$77,620

Closing costs

1%

$3,881

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,086

Total Expenses

$4,216

Mortgage P&I

37%

$1,894

Property Taxes

9%

$454

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$610

CapEx

4%

$203

Vacancy

3%

$153

Maintenance

4%

$203

Other

11%

$559

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