REI Lense

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$2,528 (target)

10304 Edgewater Trl, Holly, MI 48442

3 beds • 3 baths • 2182 sqft

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This property looks like a bad Mid-Term investment with a projected -2.27% first-year return on $75,561 initial cash invested.

-2.27%

Cash On Cash

5.75%

Cap Rate

0.97

DSCR

$2,528

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $2,671 expenses = $143 out of pocket

Income$2,528Out of Pocket$143Mortgage P&I$1,35554%Property Taxes$32913%Insurance$1074%HOA$211%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,561

Downpayment

20%

$54,820

Closing costs

1%

$2,741

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,528

Total Expenses

$2,671

Mortgage P&I

54%

$1,355

Property Taxes

13%

$329

Home Insurance

4%

$107

HOA

1%

$21

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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