REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,715 (target)

1111 Radcliff St, Garden City, MI 48135

3 beds • 2 baths • 2051 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.37% first-year return on $64,746 initial cash invested.

4.37%

Cash On Cash

8.3%

Cap Rate

1.29

DSCR

$2,715

Rent

$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,479 expenses = $236 cash flow

Income$2,715Mortgage P&I$1,19544%Property Taxes$27410%Insurance$863%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$236

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,746

Downpayment

20%

$44,520

Closing costs

1%

$2,226

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,479

Mortgage P&I

44%

$1,195

Property Taxes

10%

$274

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis