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$1,919 (target)

751 Nelson William Dr, Lake Orion, MI 48462

3 beds • 2 baths • 3302 sqft

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This property looks like a bad Long-Term investment with a projected -21.04% first-year return on $99,876 initial cash invested.

-21.04%

Cash On Cash

1.77%

Cap Rate

0.3

DSCR

$1,919

Rent

-$1,751

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,919 income − $3,670 expenses = $1,751 out of pocket

Income$1,919Out of Pocket$1,751Mortgage P&I$2,358123%Property Taxes$59331%Insurance$1709%HOA$503%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,876

Downpayment

20%

$95,120

Closing costs

1%

$4,756

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,919

Total Expenses

$3,670

Mortgage P&I

123%

$2,358

Property Taxes

31%

$593

Home Insurance

9%

$170

HOA

3%

$50

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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