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This property looks like a bad Long-Term investment with a projected -5.91% first-year return on $62,979 initial cash invested.
-5.91%
Cash On Cash
5.06%
Cap Rate
0.86
DSCR
$2,030
Rent
-$310
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,030
Total Expenses
$2,340
Mortgage P&I
73%
$1,473
Property Taxes
11%
$233
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
8905 Danzig St, Livonia, MI 48150 | $2,150 | 3 | 2 | 1470 | 0.5 mi |
8248 Hugh St, Westland, MI 48185 | $2,500 | 3 | 2 | 1400 | 0.4 mi |
6973 Chirrewa St, Westland, MI 48185 | $1,950 | 3 | 2 | 1460 | 1.8 mi |
6326 Lathers St, Garden City, MI 48135 | $1,900 | 3 | 2 | 1391 | 1.5 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