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$3,940 (target)

7511 Tiverton Ct, West Bloomfield, MI 48322

3 beds • 2 baths • 2827 sqft

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This property looks like a bad Mid-Term investment with a projected -6.71% first-year return on $123k initial cash invested.

-6.71%

Cash On Cash

4.84%

Cap Rate

0.79

DSCR

$3,940

Rent

-$689

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,940 income − $4,629 expenses = $689 out of pocket

Income$3,940Out of Pocket$689Mortgage P&I$2,55365%Property Taxes$52313%Insurance$1805%HOA$331%Management$47312%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43311%

Investment Breakdown

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Purchase Price

$501k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$100k

Closing costs

1%

$5,014

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,940

Total Expenses

$4,629

Mortgage P&I

65%

$2,553

Property Taxes

13%

$523

Home Insurance

5%

$180

HOA

1%

$33

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$433

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