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$4,062 (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 Mid-Term investment with a projected -21.11% first-year return on $291k initial cash invested.

-21.11%

Cash On Cash

1.57%

Cap Rate

0.26

DSCR

$4,062

Rent

-$5,119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,062 income − $9,181 expenses = $5,119 out of pocket

Income$4,062Out of Pocket$5,119Mortgage P&I$6,659164%Property Taxes$68717%Insurance$45511%Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44711%

Investment Breakdown

|

Purchase Price

$1300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$260k

Closing costs

1%

$13,000

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,062

Total Expenses

$9,181

Mortgage P&I

164%

$6,659

Property Taxes

17%

$687

Home Insurance

11%

$455

HOA

0%

$0

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$447

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