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7640 Granite, Washington, MI 48094

3 beds • 2 baths • 1361 sqft

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This property looks like a bad Long-Term investment with a projected -13.83% first-year return on $71,169 initial cash invested.

-13.83%

Cash On Cash

3.27%

Cap Rate

0.56

DSCR

$1,894

Rent

-$820

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,169

Downpayment

20%

$67,780

Closing costs

1%

$3,389

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,894

Total Expenses

$2,714

Mortgage P&I

87%

$1,648

Property Taxes

24%

$457

Home Insurance

6%

$116

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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