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$2,226 (target)

751 Maury Pl, Howell, MI 48843

3 beds • 2 baths • 2015 sqft

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This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $66,129 initial cash invested.

-7.06%

Cash On Cash

4.93%

Cap Rate

0.82

DSCR

$2,226

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,226 income − $2,615 expenses = $389 out of pocket

Income$2,226Out of Pocket$389Mortgage P&I$1,57271%Property Taxes$35216%Insurance$1125%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,226

Total Expenses

$2,615

Mortgage P&I

71%

$1,572

Property Taxes

16%

$352

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

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