REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,686 (target)

1000 Park St, Tecumseh, MI 49286

3 beds • 2 baths • 1842 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.4% first-year return on $70,080 initial cash invested.

2.4%

Cash On Cash

7.25%

Cap Rate

1.2

DSCR

$2,686

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,686 income − $2,546 expenses = $140 cash flow

Income$2,686Mortgage P&I$1,25247%Property Taxes$29111%Insurance$913%Management$32212%CapEx$1074%Vacancy$813%Maintenance$1074%Other$29511%Cash Flow$140

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,080

Downpayment

20%

$49,600

Closing costs

1%

$2,480

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,686

Total Expenses

$2,546

Mortgage P&I

47%

$1,252

Property Taxes

11%

$291

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis