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$3,215 (target)

757 Lounsbury Ave, Rochester, MI 48307

3 beds • 3 baths • 3179 sqft

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This property looks like a bad Long-Term investment with a projected -20.5% first-year return on $152k initial cash invested.

-20.5%

Cash On Cash

2.07%

Cap Rate

0.34

DSCR

$3,215

Rent

-$2,596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,215 income − $5,811 expenses = $2,596 out of pocket

Income$3,215Out of Pocket$2,596Mortgage P&I$3,682115%Property Taxes$1,03032%Insurance$2628%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

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Purchase Price

$724k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,238

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,215

Total Expenses

$5,811

Mortgage P&I

115%

$3,682

Property Taxes

32%

$1,030

Home Insurance

8%

$262

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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