REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,240 (target)

1111 Brooklyn Ave, Ann Arbor, MI 48104

3 beds • 2 baths • 1127 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $129k initial cash invested.

-5.36%

Cash On Cash

5.3%

Cap Rate

0.86

DSCR

$5,240

Rent

-$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,240 income − $5,817 expenses = $577 out of pocket

Income$5,240Out of Pocket$577Mortgage P&I$2,70452%Property Taxes$1,13922%Insurance$1924%Management$62912%CapEx$2104%Vacancy$1573%Maintenance$2104%Other$57611%

Investment Breakdown

|

Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,292

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,240

Total Expenses

$5,817

Mortgage P&I

52%

$2,704

Property Taxes

22%

$1,139

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$629

CapEx

4%

$210

Vacancy

3%

$157

Maintenance

4%

$210

Other

11%

$576

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis