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$2,748 (target)

7050 Van Vleet Rd, Swartz Creek, MI 48473

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Mid-Term investment with a projected -4.07% first-year return on $89,379 initial cash invested.

-4.07%

Cash On Cash

5.55%

Cap Rate

0.89

DSCR

$2,748

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $3,051 expenses = $303 out of pocket

Income$2,748Out of Pocket$303Mortgage P&I$1,76564%Property Taxes$2338%Insurance$1194%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,748

Total Expenses

$3,051

Mortgage P&I

64%

$1,765

Property Taxes

8%

$233

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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