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$3,824 (target)

9270 River Valley Rd, Brighton, MI 48116

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 8.43% first-year return on $83,835 initial cash invested.

8.43%

Cash On Cash

8.93%

Cap Rate

1.47

DSCR

$3,824

Rent

$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,824 income − $3,235 expenses = $589 cash flow

Income$3,824Mortgage P&I$1,59042%Property Taxes$2085%Insurance$1364%Management$45912%CapEx$1534%Vacancy$1153%Maintenance$1534%Other$42111%Cash Flow$589

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,835

Downpayment

20%

$62,700

Closing costs

1%

$3,135

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,824

Total Expenses

$3,235

Mortgage P&I

42%

$1,590

Property Taxes

5%

$208

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$459

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$421

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