REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

11321 Lenore St, Redford, MI 48239

3 beds • 2 baths • 1843 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $65,985 initial cash invested.

2.95%

Cash On Cash

7.7%

Cap Rate

1.22

DSCR

$2,578

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,985

Downpayment

20%

$45,700

Closing costs

1%

$2,285

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,578

Total Expenses

$2,416

Mortgage P&I

47%

$1,201

Property Taxes

10%

$259

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis