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$3,686 (target)

6578 Greene Haven Dr, Clarkston, MI 48348

3 beds • 2 baths • 1904 sqft

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This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $96,729 initial cash invested.

1.46%

Cash On Cash

6.9%

Cap Rate

1.14

DSCR

$3,686

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,686 income − $3,568 expenses = $118 cash flow

Income$3,686Mortgage P&I$1,89251%Property Taxes$2938%Insurance$1314%Management$44212%CapEx$1474%Vacancy$1113%Maintenance$1474%Other$40511%Cash Flow$118

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,686

Total Expenses

$3,568

Mortgage P&I

51%

$1,892

Property Taxes

8%

$293

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$111

Maintenance

4%

$147

Other

11%

$405

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