REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,159 (target)

10106 Orchard Ridge Ct, Holly, MI 48442

3 beds • 3 baths • 2382 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.57% first-year return on $76,293 initial cash invested.

-13.57%

Cash On Cash

3.72%

Cap Rate

0.6

DSCR

$2,159

Rent

-$863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,159 income − $3,022 expenses = $863 out of pocket

Income$2,159Out of Pocket$863Mortgage P&I$1,88087%Property Taxes$42320%Insurance$1125%HOA$452%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,293

Downpayment

20%

$72,660

Closing costs

1%

$3,633

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,159

Total Expenses

$3,022

Mortgage P&I

87%

$1,880

Property Taxes

20%

$423

Home Insurance

5%

$112

HOA

2%

$45

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis