REI Lense

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$2,005 (target)

10065 Edgewater Trl, Holly, MI 48442

3 beds • 4 baths • 2782 sqft

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This property looks like a bad Long-Term investment with a projected -13.29% first-year return on $59,157 initial cash invested.

-13.29%

Cash On Cash

4.02%

Cap Rate

0.63

DSCR

$2,005

Rent

-$655

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,005 income − $2,660 expenses = $655 out of pocket

Income$2,005Out of Pocket$655Mortgage P&I$1,49975%Property Taxes$51226%Insurance$1085%HOA$211%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,157

Downpayment

20%

$56,340

Closing costs

1%

$2,817

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,005

Total Expenses

$2,660

Mortgage P&I

75%

$1,499

Property Taxes

26%

$512

Home Insurance

5%

$108

HOA

1%

$21

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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