REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,008 (target)

10065 Edgewater Trl, Holly, MI 48442

3 beds • 4 baths • 2782 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.4% first-year return on $77,157 initial cash invested.

-2.4%

Cash On Cash

6.24%

Cap Rate

0.98

DSCR

$3,008

Rent

-$154

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $3,162 expenses = $154 out of pocket

Income$3,008Out of Pocket$154Mortgage P&I$1,49950%Property Taxes$51217%Insurance$1084%HOA$211%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,157

Downpayment

20%

$56,340

Closing costs

1%

$2,817

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$3,162

Mortgage P&I

50%

$1,499

Property Taxes

17%

$512

Home Insurance

4%

$108

HOA

1%

$21

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis