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This property looks like a bad Long-Term investment with a projected -2.63% first-year return on $58,296 initial cash invested.
-2.63%
Cash On Cash
5.84%
Cap Rate
0.99
DSCR
$2,270
Rent
-$128
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,296
Downpayment
20%
$55,520
Closing costs
1%
$2,776
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,270
Total Expenses
$2,398
Mortgage P&I
60%
$1,364
Property Taxes
15%
$347
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
6192 N Inkster Rd, Dearborn Heights, MI 48127 | $2,500 | 3 | 3 | 1623 | 1.3 mi |
11410 Auburndale St, Livonia, MI 48150 | $2,600 | 3 | 3 | 1566 | 2.1 mi |
26697 Cecile St, Dearborn Heights, MI 48127 | $2,600 | 3 | 2 | 1912 | 2 mi |
9833 Blackburn St, Livonia, MI 48150 | $1,470 | 3 | 3 | 1480 | 2 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality