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6964 Nightingale St, Dearborn Heights, MI 48127

3 beds • 2 baths • 1850 sqft

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This property looks like a bad Mid-Term investment with a projected -6.48% first-year return on $73,356 initial cash invested.

-6.48%

Cash On Cash

4.45%

Cap Rate

0.76

DSCR

$2,208

Rent

-$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,356

Downpayment

20%

$52,720

Closing costs

1%

$2,636

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,208

Total Expenses

$2,604

Mortgage P&I

58%

$1,286

Property Taxes

22%

$477

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$265

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$243

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