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$2,451 (target)

9924 Nathaline, Redford, MI 48239

3 beds • 2 baths • 2092 sqft

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This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $63,129 initial cash invested.

3.86%

Cash On Cash

8.15%

Cap Rate

1.26

DSCR

$2,451

Rent

$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,451 income − $2,248 expenses = $203 cash flow

Income$2,451Mortgage P&I$1,15847%Property Taxes$1817%Insurance$753%Management$29412%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$203

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,451

Total Expenses

$2,248

Mortgage P&I

47%

$1,158

Property Taxes

7%

$181

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

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