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7205 Cherokee St, Taylor, MI 48180

3 beds • 2 baths • 960 sqft

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This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $54,288 initial cash invested.

5.86%

Cash On Cash

8.73%

Cap Rate

1.38

DSCR

$2,112

Rent

$265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,288

Downpayment

20%

$34,560

Closing costs

1%

$1,728

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,112

Total Expenses

$1,847

Mortgage P&I

43%

$908

Property Taxes

8%

$162

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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