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9155 Grayton St, Detroit, MI 48224

3 beds • 2 baths • 1554 sqft

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This property looks like a bad Long-Term investment with a projected -15.28% first-year return on $34,629 initial cash invested.

-15.28%

Cash On Cash

3.56%

Cap Rate

0.56

DSCR

$1,155

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,155

Total Expenses

$1,596

Mortgage P&I

76%

$872

Property Taxes

32%

$365

Home Insurance

5%

$58

HOA

0%

$0

Property Management

10%

$116

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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