REI Lense

REI Lense

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$2,167 (target)

11246 Hiland Ct, Pinckney, MI 48169

3 beds • 3 baths • 1660 sqft

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This property looks like a bad Long-Term investment with a projected -15.06% first-year return on $92,967 initial cash invested.

-15.06%

Cash On Cash

3.04%

Cap Rate

0.51

DSCR

$2,167

Rent

-$1,167

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

$92,967

Downpayment

20%

$88,540

Closing costs

1%

$4,427

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,167

Total Expenses

$3,334

Mortgage P&I

101%

$2,182

Property Taxes

19%

$410

Home Insurance

8%

$164

HOA

1%

$15

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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