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$2,708 (target)

7830 Barnsbury Dr, West Bloomfield, MI 48324

3 beds • 4 baths • 5258 sqft

$1,300,000

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This property looks like a bad Long-Term investment with a projected -25.48% first-year return on $273k initial cash invested.

-25.48%

Cash On Cash

0.92%

Cap Rate

0.15

DSCR

$2,708

Rent

-$5,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $8,504 expenses = $5,796 out of pocket

Income$2,708Out of Pocket$5,796Mortgage P&I$6,659246%Property Taxes$68725%Insurance$45517%Management$27110%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$1300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$273k

Downpayment

20%

$260k

Closing costs

1%

$13,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,708

Total Expenses

$8,504

Mortgage P&I

246%

$6,659

Property Taxes

25%

$687

Home Insurance

17%

$455

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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