REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,227 (target)

12272 E Mount Morris Rd, Davison, MI 48423

3 beds • 2 baths • 2004 sqft

Email

This property might be a fair Long-Term investment with a projected 0.24% first-year return on $54,012 initial cash invested.

0.24%

Cash On Cash

6.52%

Cap Rate

1.1

DSCR

$2,227

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,227 income − $2,216 expenses = $11 cash flow

Income$2,227Mortgage P&I$1,27557%Property Taxes$27112%Insurance$914%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%Cash Flow$11

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,227

Total Expenses

$2,216

Mortgage P&I

57%

$1,275

Property Taxes

12%

$271

Home Insurance

4%

$91

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis