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8731 N Hubbard St, Westland, MI 48185

3 beds • 2 baths • 2166 sqft

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This property looks like a bad Long-Term investment with a projected -2.83% first-year return on $57,309 initial cash invested.

-2.83%

Cash On Cash

5.8%

Cap Rate

0.98

DSCR

$2,240

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,309

Downpayment

20%

$54,580

Closing costs

1%

$2,729

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,240

Total Expenses

$2,375

Mortgage P&I

60%

$1,341

Property Taxes

16%

$356

Home Insurance

4%

$96

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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$2,850

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