REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,610 (target)

10415 Scarlet Oak Dr, Ypsilanti, MI 48198

3 beds • 3 baths • 1517 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.67% first-year return on $81,462 initial cash invested.

4.67%

Cash On Cash

7.96%

Cap Rate

1.3

DSCR

$3,610

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $3,293 expenses = $317 cash flow

Income$3,610Mortgage P&I$1,54443%Property Taxes$36610%Insurance$1143%HOA$431%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$317

Investment Breakdown

|

Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,462

Downpayment

20%

$60,440

Closing costs

1%

$3,022

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$3,293

Mortgage P&I

43%

$1,544

Property Taxes

10%

$366

Home Insurance

3%

$114

HOA

1%

$43

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis