REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,466 (target)

11557 Rossiter St, Detroit, MI 48224

3 beds • 2 baths • 1875 sqft

Email

This property might be a fair Long-Term investment with a projected 6.97% first-year return on $24,633 initial cash invested.

6.97%

Cash On Cash

8.31%

Cap Rate

1.36

DSCR

$1,466

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$117k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,633

Downpayment

20%

$23,460

Closing costs

1%

$1,173

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,466

Total Expenses

$1,323

Mortgage P&I

41%

$596

Property Taxes

21%

$304

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis