REI Lense

REI Lense

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$3,567 (target)

10015 Lakeside Dr, Perrinton, MI 48871

3 beds • 3 baths • 1618 sqft

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This property looks like a bad Mid-Term investment with a projected -2.33% first-year return on $97,212 initial cash invested.

-2.33%

Cash On Cash

5.74%

Cap Rate

0.98

DSCR

$3,567

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,212

Downpayment

20%

$75,440

Closing costs

1%

$3,772

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,567

Total Expenses

$3,756

Mortgage P&I

52%

$1,850

Property Taxes

15%

$543

Home Insurance

4%

$135

HOA

0%

$15

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$392

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