REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,918 (target)

12334 Buckingham St, Southgate, MI 48195

3 beds • 2 baths • 2191 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.39% first-year return on $56,616 initial cash invested.

-9.39%

Cash On Cash

4.82%

Cap Rate

0.76

DSCR

$1,918

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,918 income − $2,361 expenses = $443 out of pocket

Income$1,918Out of Pocket$443Mortgage P&I$1,42975%Property Taxes$33918%Insurance$945%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,616

Downpayment

20%

$53,920

Closing costs

1%

$2,696

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,918

Total Expenses

$2,361

Mortgage P&I

75%

$1,429

Property Taxes

18%

$339

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis