REI Lense

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$2,628 (target)

6805 Emerald Shores Dr, Troy, MI 48085

3 beds • 3 baths • 2793 sqft

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This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $95,949 initial cash invested.

-12.73%

Cash On Cash

3.66%

Cap Rate

0.61

DSCR

$2,628

Rent

-$1,018

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,628 income − $3,646 expenses = $1,018 out of pocket

Income$2,628Out of Pocket$1,018Mortgage P&I$2,28087%Property Taxes$49619%Insurance$1666%HOA$211%Management$26310%CapEx$1315%Vacancy$1586%Maintenance$1315%

Investment Breakdown

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Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,949

Downpayment

20%

$91,380

Closing costs

1%

$4,569

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,628

Total Expenses

$3,646

Mortgage P&I

87%

$2,280

Property Taxes

19%

$496

Home Insurance

6%

$166

HOA

1%

$21

Property Management

10%

$263

CapEx

5%

$131

Vacancy

6%

$158

Maintenance

5%

$131

Other

0%

$0

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