REI Lense

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$3,700 (target)

1045 N Eifert Rd, Holt, MI 48842

3 beds • 2 baths • 1974 sqft

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This property might be a fair Mid-Term investment with a projected 4.38% first-year return on $82,974 initial cash invested.

4.38%

Cash On Cash

7.76%

Cap Rate

1.29

DSCR

$3,700

Rent

$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,700 income − $3,397 expenses = $303 cash flow

Income$3,700Mortgage P&I$1,55042%Property Taxes$47713%Insurance$1123%Management$44412%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40711%Cash Flow$303

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,974

Downpayment

20%

$61,880

Closing costs

1%

$3,094

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,700

Total Expenses

$3,397

Mortgage P&I

42%

$1,550

Property Taxes

13%

$477

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$444

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$407

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