REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,644 (target)

11363 Riverdale, Redford, MI 48239

3 beds • 2 baths • 1220 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.22% first-year return on $48,069 initial cash invested.

-19.22%

Cash On Cash

2.93%

Cap Rate

0.45

DSCR

$1,644

Rent

-$770

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,644 income − $2,414 expenses = $770 out of pocket

Income$1,644Out of Pocket$770Mortgage P&I$1,24676%Property Taxes$66140%Insurance$805%Management$16410%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,069

Downpayment

20%

$45,780

Closing costs

1%

$2,289

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,644

Total Expenses

$2,414

Mortgage P&I

76%

$1,246

Property Taxes

40%

$661

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis