REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,227 (target)

124 Claremont Cir, Brooklyn, MI 49230

3 beds • 2 baths • 2208 sqft

Email

This property looks like a bad Long-Term investment with a projected -23.2% first-year return on $131k initial cash invested.

-23.2%

Cash On Cash

1.54%

Cap Rate

0.25

DSCR

$2,227

Rent

-$2,530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,227 income − $4,757 expenses = $2,530 out of pocket

Income$2,227Out of Pocket$2,530Mortgage P&I$3,220145%Property Taxes$69831%Insurance$22210%HOA$382%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$623k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,232

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,227

Total Expenses

$4,757

Mortgage P&I

145%

$3,220

Property Taxes

31%

$698

Home Insurance

10%

$222

HOA

2%

$38

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