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8416 Hugh St, Westland, MI 48185

3 beds • 2 baths • 996 sqft

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This property looks like a bad Long-Term investment with a projected -2.92% first-year return on $45,171 initial cash invested.

-2.92%

Cash On Cash

6.2%

Cap Rate

0.98

DSCR

$1,850

Rent

-$110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,171

Downpayment

20%

$43,020

Closing costs

1%

$2,151

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$1,960

Mortgage P&I

61%

$1,130

Property Taxes

15%

$271

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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