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$2,768 (target)

9428 Elm St, Taylor, MI 48180

3 beds • 2 baths • 1350 sqft

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This property might be a fair Mid-Term investment with a projected 5.47% first-year return on $63,654 initial cash invested.

5.47%

Cash On Cash

8.55%

Cap Rate

1.35

DSCR

$2,768

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,768 income − $2,478 expenses = $290 cash flow

Income$2,768Mortgage P&I$1,14841%Property Taxes$31211%Insurance$773%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$290

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,654

Downpayment

20%

$43,480

Closing costs

1%

$2,174

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,768

Total Expenses

$2,478

Mortgage P&I

41%

$1,148

Property Taxes

11%

$312

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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