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$3,992 (target)

7660 Grand St, Dexter, MI 48130

3 beds • 3 baths • 1843 sqft

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This property looks like a bad Mid-Term investment with a projected -8.98% first-year return on $130k initial cash invested.

-8.98%

Cash On Cash

4.2%

Cap Rate

0.7

DSCR

$3,992

Rent

-$973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,992 income − $4,965 expenses = $973 out of pocket

Income$3,992Out of Pocket$973Mortgage P&I$2,67967%Property Taxes$73618%Insurance$1925%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$533k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,331

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,992

Total Expenses

$4,965

Mortgage P&I

67%

$2,679

Property Taxes

18%

$736

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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