REI Lense

REI Lense

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$3,250 (target)

11246 Hiland Ct, Pinckney, MI 48169

3 beds • 3 baths • 1660 sqft

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This property looks like a bad Mid-Term investment with a projected -6.78% first-year return on $111k initial cash invested.

-6.78%

Cash On Cash

4.57%

Cap Rate

0.77

DSCR

$3,250

Rent

-$627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,540

Closing costs

1%

$4,427

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,250

Total Expenses

$3,877

Mortgage P&I

67%

$2,182

Property Taxes

13%

$410

Home Insurance

5%

$164

HOA

0%

$15

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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