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841 Scarlet Oak Dr, Monroe, MI 48162

3 beds • 3 baths • 2522 sqft

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This property might be a fair Mid-Term investment with a projected 0.08% first-year return on $94,713 initial cash invested.

0.08%

Cash On Cash

6.33%

Cap Rate

1.08

DSCR

$3,508

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,713

Downpayment

20%

$73,060

Closing costs

1%

$3,653

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,508

Total Expenses

$3,502

Mortgage P&I

51%

$1,782

Property Taxes

11%

$398

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$421

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$386

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