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$2,788 (target)

6460 Whisper Ridge Ct, Burton, MI 48509

3 beds • 2 baths • 2272 sqft

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This property looks like a bad Mid-Term investment with a projected -2.32% first-year return on $79,782 initial cash invested.

-2.32%

Cash On Cash

6.44%

Cap Rate

0.97

DSCR

$2,788

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,788 income − $2,942 expenses = $154 out of pocket

Income$2,788Out of Pocket$154Mortgage P&I$1,62158%Property Taxes$26710%Insurance$1044%Management$33512%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30711%

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,782

Downpayment

20%

$58,840

Closing costs

1%

$2,942

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,788

Total Expenses

$2,942

Mortgage P&I

58%

$1,621

Property Taxes

10%

$267

Home Insurance

4%

$104

HOA

0%

$0

Property Management

12%

$335

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$307

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