REI Lense

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$1,386 (target)

10970 Oakwood Dr, Roscommon, MI 48653

3 beds • 2 baths • 960 sqft

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This property looks like a bad Mid-Term investment with a projected -6.56% first-year return on $59,979 initial cash invested.

-6.56%

Cash On Cash

4.68%

Cap Rate

0.74

DSCR

$1,386

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,386 income − $1,714 expenses = $328 out of pocket

Income$1,386Out of Pocket$328Mortgage P&I$1,05276%Property Taxes$1229%Insurance$705%Management$16612%CapEx$554%Vacancy$423%Maintenance$554%Other$15211%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,386

Total Expenses

$1,714

Mortgage P&I

76%

$1,052

Property Taxes

9%

$122

Home Insurance

5%

$70

HOA

0%

$0

Property Management

12%

$166

CapEx

4%

$55

Vacancy

3%

$42

Maintenance

4%

$55

Other

11%

$152

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