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$4,978 (target)

674 Rudgate Rd, Bloomfield Hills, MI 48304

3 beds • 3 baths • 4079 sqft

$1,599,000

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This property looks like a bad Long-Term investment with a projected -23% first-year return on $336k initial cash invested.

-23%

Cash On Cash

1.33%

Cap Rate

0.22

DSCR

$4,978

Rent

-$6,435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,978 income − $11,413 expenses = $6,435 out of pocket

Income$4,978Out of Pocket$6,435Mortgage P&I$7,955160%Property Taxes$1,60332%Insurance$56011%Management$49810%CapEx$2495%Vacancy$2996%Maintenance$2495%

Investment Breakdown

|

Purchase Price

$1599k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$336k

Downpayment

20%

$320k

Closing costs

1%

$15,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,978

Total Expenses

$11,413

Mortgage P&I

160%

$7,955

Property Taxes

32%

$1,603

Home Insurance

11%

$560

HOA

0%

$0

Property Management

10%

$498

CapEx

5%

$249

Vacancy

6%

$299

Maintenance

5%

$249

Other

0%

$0

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