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$2,302 (target)

7735 Bramell, Detroit, MI 48239

3 beds • 2 baths • 1040 sqft

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This property could be a profitable Mid-Term investment with a projected 22.99% first-year return on $40,974 initial cash invested.

22.99%

Cash On Cash

15.81%

Cap Rate

2.55

DSCR

$2,302

Rent

$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,302 income − $1,517 expenses = $785 cash flow

Income$2,302Mortgage P&I$56425%Property Taxes$1476%Insurance$241%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$785

Investment Breakdown

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Purchase Price

$109k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,974

Downpayment

20%

$21,880

Closing costs

1%

$1,094

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,302

Total Expenses

$1,517

Mortgage P&I

25%

$564

Property Taxes

6%

$147

Home Insurance

1%

$24

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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