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$3,494 (target)

9650 Woodland Ct, Ypsilanti, MI 48197

3 beds • 2 baths • 1560 sqft

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This property might be a fair Mid-Term investment with a projected 6.88% first-year return on $79,845 initial cash invested.

6.88%

Cash On Cash

8.43%

Cap Rate

1.41

DSCR

$3,494

Rent

$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,494 income − $3,036 expenses = $458 cash flow

Income$3,494Mortgage P&I$1,47042%Property Taxes$2648%Insurance$1143%Management$41912%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38411%Cash Flow$458

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,845

Downpayment

20%

$58,900

Closing costs

1%

$2,945

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,494

Total Expenses

$3,036

Mortgage P&I

42%

$1,470

Property Taxes

8%

$264

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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