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$4,095 (target)

687 Arbutus Trl, Traverse City, MI 49696

3 beds • 3 baths • 1960 sqft

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This property looks like a bad Mid-Term investment with a projected -10.21% first-year return on $151k initial cash invested.

-10.21%

Cash On Cash

3.98%

Cap Rate

0.65

DSCR

$4,095

Rent

-$1,280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,095 income − $5,375 expenses = $1,280 out of pocket

Income$4,095Out of Pocket$1,280Mortgage P&I$3,21078%Property Taxes$54613%Insurance$2276%Management$49112%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45011%

Investment Breakdown

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Purchase Price

$631k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$126k

Closing costs

1%

$6,310

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,095

Total Expenses

$5,375

Mortgage P&I

78%

$3,210

Property Taxes

13%

$546

Home Insurance

6%

$227

HOA

0%

$0

Property Management

12%

$491

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$450

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