REI Lense

REI Lense

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$3,394 (target)

11356 Tall Shadows Ct, Pinckney, MI 48169

3 beds • 4 baths • 2767 sqft

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This property looks like a bad Long-Term investment with a projected -4.57% first-year return on $93,261 initial cash invested.

-4.57%

Cash On Cash

5.55%

Cap Rate

0.92

DSCR

$3,394

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,394 income − $3,749 expenses = $355 out of pocket

Income$3,394Out of Pocket$355Mortgage P&I$2,23866%Property Taxes$45713%Insurance$1585%HOA$13Management$33910%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,261

Downpayment

20%

$88,820

Closing costs

1%

$4,441

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,394

Total Expenses

$3,749

Mortgage P&I

66%

$2,238

Property Taxes

13%

$457

Home Insurance

5%

$158

HOA

0%

$13

Property Management

10%

$339

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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