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$5,361 (target)

7374 Belfont Ct, Ypsilanti, MI 48197

3 beds • 3 baths • 3066 sqft

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This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $128k initial cash invested.

0.73%

Cash On Cash

6.8%

Cap Rate

1.11

DSCR

$5,361

Rent

$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,361 income − $5,283 expenses = $78 cash flow

Income$5,361Mortgage P&I$2,66550%Property Taxes$56210%Insurance$1843%HOA$501%Management$64312%CapEx$2144%Vacancy$1613%Maintenance$2144%Other$59011%Cash Flow$78

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$104k

Closing costs

1%

$5,221

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,361

Total Expenses

$5,283

Mortgage P&I

50%

$2,665

Property Taxes

10%

$562

Home Insurance

3%

$184

HOA

1%

$50

Property Management

12%

$643

CapEx

4%

$214

Vacancy

3%

$161

Maintenance

4%

$214

Other

11%

$590

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