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$5,534 (target)

9359 Ivanhoe Dr, Plymouth, MI 48170

3 beds • 3 baths • 2642 sqft

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This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $129k initial cash invested.

2.63%

Cash On Cash

7.22%

Cap Rate

1.19

DSCR

$5,534

Rent

$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,534 income − $5,251 expenses = $283 cash flow

Income$5,534Mortgage P&I$2,68148%Property Taxes$5009%Insurance$1893%Management$66412%CapEx$2214%Vacancy$1663%Maintenance$2214%Other$60911%Cash Flow$283

Investment Breakdown

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Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,290

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,534

Total Expenses

$5,251

Mortgage P&I

48%

$2,681

Property Taxes

9%

$500

Home Insurance

3%

$189

HOA

0%

$0

Property Management

12%

$664

CapEx

4%

$221

Vacancy

3%

$166

Maintenance

4%

$221

Other

11%

$609

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