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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 Mid-Term investment with a projected -4.67% first-year return on $89,169 initial cash invested.

-4.67%

Cash On Cash

5.01%

Cap Rate

0.86

DSCR

$2,841

Rent

-$347

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

$89,169

Downpayment

20%

$67,780

Closing costs

1%

$3,389

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,841

Total Expenses

$3,188

Mortgage P&I

58%

$1,648

Property Taxes

16%

$457

Home Insurance

4%

$116

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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