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$5,466 (target)

9144 Deer Park Ct, Fenton, MI 48430

3 beds • 3 baths • 2404 sqft

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This property could be a profitable Mid-Term investment with a projected 16.87% first-year return on $99,060 initial cash invested.

16.87%

Cash On Cash

10.93%

Cap Rate

1.85

DSCR

$5,466

Rent

$1,393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,466 income − $4,073 expenses = $1,393 cash flow

Income$5,466Mortgage P&I$1,90535%Property Taxes$1743%Insurance$1352%Management$65612%CapEx$2194%Vacancy$1643%Maintenance$2194%Other$60111%Cash Flow$1,393

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,060

Downpayment

20%

$77,200

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,466

Total Expenses

$4,073

Mortgage P&I

35%

$1,905

Property Taxes

3%

$174

Home Insurance

2%

$135

HOA

0%

$0

Property Management

12%

$656

CapEx

4%

$219

Vacancy

3%

$164

Maintenance

4%

$219

Other

11%

$601

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