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9116 Hartwell St, Detroit, MI 48228

3 beds • 1 baths • 1072 sqft

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This property could be a profitable Long-Term investment with a projected 36.25% first-year return on $11,718 initial cash invested.

36.25%

Cash On Cash

15.05%

Cap Rate

2.5

DSCR

$1,330

Rent

$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$55,800

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,718

Downpayment

20%

$11,160

Closing costs

1%

$558

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,330

Total Expenses

$976

Mortgage P&I

21%

$280

Property Taxes

25%

$327

Home Insurance

2%

$24

HOA

0%

$0

Property Management

10%

$133

CapEx

5%

$66

Vacancy

6%

$80

Maintenance

5%

$66

Other

0%

$0

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Comparable Property

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