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$4,118 (target)

7389 Oak Forest Dr, Clarkston, MI 48346

3 beds • 3 baths • 3505 sqft

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This property looks like a bad Mid-Term investment with a projected -12.42% first-year return on $151k initial cash invested.

-12.42%

Cash On Cash

3.97%

Cap Rate

0.6

DSCR

$4,118

Rent

-$1,562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,118 income − $5,680 expenses = $1,562 out of pocket

Income$4,118Out of Pocket$1,562Mortgage P&I$3,49285%Property Taxes$55914%Insurance$2286%Management$49412%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%

Investment Breakdown

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Purchase Price

$633k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,331

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,118

Total Expenses

$5,680

Mortgage P&I

85%

$3,492

Property Taxes

14%

$559

Home Insurance

6%

$228

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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