REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,075 (target)

11941 Townline Rd, Grand Blanc, MI 48439

3 beds • 2 baths • 2298 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.26% first-year return on $82,554 initial cash invested.

-3.26%

Cash On Cash

6.21%

Cap Rate

0.94

DSCR

$3,075

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,075 income − $3,299 expenses = $224 out of pocket

Income$3,075Out of Pocket$224Mortgage P&I$1,69355%Property Taxes$45615%Insurance$1053%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%

Investment Breakdown

|

Purchase Price

$307k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,554

Downpayment

20%

$61,480

Closing costs

1%

$3,074

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,075

Total Expenses

$3,299

Mortgage P&I

55%

$1,693

Property Taxes

15%

$456

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis