REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,556 (target)

10137 Devonshire Dr, South Lyon, MI 48178

3 beds • 4 baths • 3850 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.4% first-year return on $121k initial cash invested.

-10.4%

Cash On Cash

4.27%

Cap Rate

0.7

DSCR

$3,556

Rent

-$1,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,556 income − $4,602 expenses = $1,046 out of pocket

Income$3,556Out of Pocket$1,046Mortgage P&I$2,91682%Property Taxes$53015%Insurance$2016%HOA$301%Management$35610%CapEx$1785%Vacancy$2136%Maintenance$1785%

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$115k

Closing costs

1%

$5,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,556

Total Expenses

$4,602

Mortgage P&I

82%

$2,916

Property Taxes

15%

$530

Home Insurance

6%

$201

HOA

1%

$30

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$213

Maintenance

5%

$178

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis