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$3,642 (target)

707 Nelson St, Brighton, MI 48116

3 beds • 3 baths • 2302 sqft

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This property looks like a bad Long-Term investment with a projected -14.13% first-year return on $134k initial cash invested.

-14.13%

Cash On Cash

3.32%

Cap Rate

0.56

DSCR

$3,642

Rent

-$1,580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,642 income − $5,222 expenses = $1,580 out of pocket

Income$3,642Out of Pocket$1,580Mortgage P&I$3,16887%Property Taxes$88324%Insurance$2246%Management$36410%CapEx$1825%Vacancy$2196%Maintenance$1825%

Investment Breakdown

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Purchase Price

$639k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$128k

Closing costs

1%

$6,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,642

Total Expenses

$5,222

Mortgage P&I

87%

$3,168

Property Taxes

24%

$883

Home Insurance

6%

$224

HOA

0%

$0

Property Management

10%

$364

CapEx

5%

$182

Vacancy

6%

$219

Maintenance

5%

$182

Other

0%

$0

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