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$4,144 (target)

8525 Berkshire Dr, Ypsilanti, MI 48198

3 beds • 3 baths • 1818 sqft

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This property might be a fair Mid-Term investment with a projected 0.69% first-year return on $94,356 initial cash invested.

0.69%

Cash On Cash

6.69%

Cap Rate

1.12

DSCR

$4,144

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,144 income − $4,090 expenses = $54 cash flow

Income$4,144Mortgage P&I$1,80844%Property Taxes$70917%Insurance$1223%HOA$421%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$54

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,144

Total Expenses

$4,090

Mortgage P&I

44%

$1,808

Property Taxes

17%

$709

Home Insurance

3%

$122

HOA

1%

$42

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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