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$3,729 (target)

7114 Copper Creek Dr, Ypsilanti, MI 48197

3 beds • 2 baths • 1605 sqft

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This property might be a fair Mid-Term investment with a projected 2.32% first-year return on $88,350 initial cash invested.

2.32%

Cash On Cash

7.14%

Cap Rate

1.19

DSCR

$3,729

Rent

$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,729 income − $3,558 expenses = $171 cash flow

Income$3,729Mortgage P&I$1,67245%Property Taxes$48513%Insurance$1173%HOA$17Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$171

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,729

Total Expenses

$3,558

Mortgage P&I

45%

$1,672

Property Taxes

13%

$485

Home Insurance

3%

$117

HOA

0%

$17

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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