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650 Longford Dr, Rochester Hills, MI 48309

3 beds • 3 baths • 3868 sqft

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This property looks like a bad Long-Term investment with a projected -5.78% first-year return on $108k initial cash invested.

-5.78%

Cash On Cash

5.19%

Cap Rate

0.87

DSCR

$3,480

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$513k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,125

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,480

Total Expenses

$3,998

Mortgage P&I

74%

$2,562

Property Taxes

10%

$346

Home Insurance

5%

$182

HOA

0%

$3

Property Management

10%

$348

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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