On market
12310 Sycamore St
Detroit, MI 48224 · East English Village
2 units, 4 beds2 baths1,940 sqftBuilt 1938
Asking price
$114,900
Comps value $129,000· 9% under after repairs
67Solid
Estimated cash flow
$881/mo
At $114,900 with 20% down at 6.60%, this nets $881 a month. You would put in $28,427.
- Cash-on-cash
- 37%
- Cap rate
- 15.1%
- DSCR
- 2.50
- Voucher rent
- $2,456
Where each month's rent goes
- Mortgage$587
- Taxes$195
- Insurance$228
- Running costs$565
- You keep$881
Try different terms
Offer price$114,900
Down payment20% · $22,980
Interest rate6.60%
Payment standard 110% of FMR, this authority's rate
Repairs$2,000
Max offer to keep $300/mo: $200,500$85,600 of room