On market
14776 Northfield Ave
Detroit, MI 48238 · Fitzgerald
4 units, 9 beds4 baths4,100 sqftBuilt 1952
Asking price
$184,900
Comps value $191,000· 0% under after repairs
68Solid
Estimated cash flow
$2,237/mo
At $184,900 with 20% down at 6.60%, this nets $2,237 a month. You would put in $48,527.
- Cash-on-cash
- 55%
- Cap rate
- 20.0%
- DSCR
- 3.37
- Voucher rent
- $5,030
Where each month's rent goes
- Mortgage$945
- Taxes$361
- Insurance$330
- Running costs$1,157
- You keep$2,237
Try different terms
Offer price$184,900
Down payment20% · $36,980
Interest rate6.60%
Payment standard 110% of FMR, this authority's rate
Repairs$6,000
Max offer to keep $300/mo: $381,500$196,600 of room