REI Lense

REI Lense

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$3,387 (target)

10741 W Braemar Dr, Holly, MI 48442

3 beds • 3 baths • 3270 sqft

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This property looks like a bad Long-Term investment with a projected -8.51% first-year return on $109k initial cash invested.

-8.51%

Cash On Cash

4.47%

Cap Rate

0.76

DSCR

$3,387

Rent

-$773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,188

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,387

Total Expenses

$4,160

Mortgage P&I

75%

$2,535

Property Taxes

15%

$520

Home Insurance

5%

$175

HOA

1%

$50

Property Management

10%

$339

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

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