On market
6998 Wexford Ave
Detroit, MI 48204 · Nardin Park
4 beds1.5 baths1,810 sqftBuilt 1952
Asking price
$66,900
Comps value $73,500· 6% under after repairs
71Solid
Estimated cash flow
$519/mo
At $66,900 with 20% down at 6.60%, this nets $519 a month. You would put in $17,887.
- Cash-on-cash
- 35%
- Cap rate
- 14.9%
- DSCR
- 2.52
- Voucher rent
- $1,662
Where each month's rent goes
- Mortgage$342
- Taxes$132
- Insurance$207
- Running costs$462
- You keep$519
Try different terms
Offer price$66,900
Down payment20% · $13,380
Interest rate6.60%
Payment standard 110% of FMR, this authority's rate
Repairs$2,500
Max offer to keep $300/mo: $98,000$31,100 of room