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$4,365 (target)

8312 Whitmore Lake Rd, Brighton, MI 48116

3 beds • 2 baths • 2236 sqft

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This property looks like a bad Mid-Term investment with a projected -12.67% first-year return on $162k initial cash invested.

-12.67%

Cash On Cash

4.09%

Cap Rate

0.6

DSCR

$4,365

Rent

-$1,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,365 income − $6,075 expenses = $1,710 out of pocket

Income$4,365Out of Pocket$1,710Mortgage P&I$3,87289%Property Taxes$47311%Insurance$2456%Management$52412%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48011%

Investment Breakdown

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Purchase Price

$686k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$137k

Closing costs

1%

$6,857

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,365

Total Expenses

$6,075

Mortgage P&I

89%

$3,872

Property Taxes

11%

$473

Home Insurance

6%

$245

HOA

0%

$0

Property Management

12%

$524

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$480

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