REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,394 (target)

1246 W Grand Blanc Rd, Grand Blanc, MI 48439

3 beds • 2 baths • 1064 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $67,665 initial cash invested.

0.28%

Cash On Cash

7.28%

Cap Rate

1.08

DSCR

$2,394

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,378 expenses = $16 cash flow

Income$2,394Mortgage P&I$1,32355%Property Taxes$1577%Insurance$844%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$16

Investment Breakdown

|

Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,665

Downpayment

20%

$47,300

Closing costs

1%

$2,365

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,394

Total Expenses

$2,378

Mortgage P&I

55%

$1,323

Property Taxes

7%

$157

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis