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$1,535 (target)

7735 Bramell, Detroit, MI 48239

3 beds • 2 baths • 1040 sqft

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This property could be a profitable Long-Term investment with a projected 20.89% first-year return on $22,974 initial cash invested.

20.89%

Cash On Cash

11.42%

Cap Rate

1.85

DSCR

$1,535

Rent

$400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,535 income − $1,135 expenses = $400 cash flow

Income$1,535Mortgage P&I$56437%Property Taxes$14710%Insurance$242%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%Cash Flow$400

Investment Breakdown

|

Purchase Price

$109k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$22,974

Downpayment

20%

$21,880

Closing costs

1%

$1,094

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,535

Total Expenses

$1,135

Mortgage P&I

37%

$564

Property Taxes

10%

$147

Home Insurance

2%

$24

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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