REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,662 (target)

11495 E Richfield Rd, Davison, MI 48423

3 beds • 2 baths • 1232 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.25% first-year return on $66,279 initial cash invested.

5.25%

Cash On Cash

8.48%

Cap Rate

1.32

DSCR

$2,662

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,662 income − $2,372 expenses = $290 cash flow

Income$2,662Mortgage P&I$1,22946%Property Taxes$1596%Insurance$803%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29311%Cash Flow$290

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,662

Total Expenses

$2,372

Mortgage P&I

46%

$1,229

Property Taxes

6%

$159

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis