REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,787 (target)

104 Jefferson Ave, Houghton Lake, MI 48629

3 beds • 2 baths • 1436 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.24% first-year return on $62,751 initial cash invested.

9.24%

Cash On Cash

9.65%

Cap Rate

1.53

DSCR

$2,787

Rent

$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $2,304 expenses = $483 cash flow

Income$2,787Mortgage P&I$1,11940%Property Taxes$1756%Insurance$632%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30711%Cash Flow$483

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,751

Downpayment

20%

$42,620

Closing costs

1%

$2,131

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$2,304

Mortgage P&I

40%

$1,119

Property Taxes

6%

$175

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$307

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis