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$3,950 (target)

8585 Eral Ct, Ypsilanti, MI 48198

3 beds • 3 baths • 1818 sqft

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This property looks like a bad Mid-Term investment with a projected -0.77% first-year return on $95,133 initial cash invested.

-0.77%

Cash On Cash

6.7%

Cap Rate

1.05

DSCR

$3,950

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,950 income − $4,011 expenses = $61 out of pocket

Income$3,950Out of Pocket$61Mortgage P&I$1,95549%Property Taxes$54314%Insurance$1363%HOA$351%Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,133

Downpayment

20%

$73,460

Closing costs

1%

$3,673

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,950

Total Expenses

$4,011

Mortgage P&I

49%

$1,955

Property Taxes

14%

$543

Home Insurance

3%

$136

HOA

1%

$35

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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