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G3377 S Mackin Rd, Flint, MI 48504

3 beds • 2 baths • 1345 sqft

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This property looks like a bad Long-Term investment with a projected -2.06% first-year return on $33,180 initial cash invested.

-2.06%

Cash On Cash

6.36%

Cap Rate

1.01

DSCR

$1,301

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,180

Downpayment

20%

$31,600

Closing costs

1%

$1,580

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,301

Total Expenses

$1,358

Mortgage P&I

64%

$829

Property Taxes

10%

$136

Home Insurance

4%

$55

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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