REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

11160 Worden St, Detroit, MI 48224

3 beds • 2 baths • 1234 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.05% first-year return on $49,185 initial cash invested.

9.05%

Cash On Cash

9.99%

Cap Rate

1.58

DSCR

$2,121

Rent

$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$149k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,185

Downpayment

20%

$29,700

Closing costs

1%

$1,485

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,121

Total Expenses

$1,750

Mortgage P&I

37%

$780

Property Taxes

9%

$196

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis