REI Lense

REI Lense

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$3,402 (target)

1179 Timberleaf Dr, Brighton, MI 48114

3 beds • 3 baths • 2148 sqft

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This property looks like a bad Long-Term investment with a projected -14.88% first-year return on $136k initial cash invested.

-14.88%

Cash On Cash

3.25%

Cap Rate

0.54

DSCR

$3,402

Rent

-$1,682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,402 income − $5,084 expenses = $1,682 out of pocket

Income$3,402Out of Pocket$1,682Mortgage P&I$3,25996%Property Taxes$69020%Insurance$2267%HOA$251%Management$34010%CapEx$1705%Vacancy$2046%Maintenance$1705%

Investment Breakdown

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Purchase Price

$646k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$129k

Closing costs

1%

$6,459

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,402

Total Expenses

$5,084

Mortgage P&I

96%

$3,259

Property Taxes

20%

$690

Home Insurance

7%

$226

HOA

1%

$25

Property Management

10%

$340

CapEx

5%

$170

Vacancy

6%

$204

Maintenance

5%

$170

Other

0%

$0

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