REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,516 (target)

1276 Hillside Dr, Birmingham, MI 48009

3 beds • 2 baths • 1900 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.53% first-year return on $167k initial cash invested.

-18.53%

Cash On Cash

2.32%

Cap Rate

0.39

DSCR

$3,516

Rent

-$2,577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,516 income − $6,093 expenses = $2,577 out of pocket

Income$3,516Out of Pocket$2,577Mortgage P&I$3,936112%Property Taxes$97328%Insurance$2698%Management$35210%CapEx$1765%Vacancy$2116%Maintenance$1765%

Investment Breakdown

|

Purchase Price

$795k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$159k

Closing costs

1%

$7,949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,516

Total Expenses

$6,093

Mortgage P&I

112%

$3,936

Property Taxes

28%

$973

Home Insurance

8%

$269

HOA

0%

$0

Property Management

10%

$352

CapEx

5%

$176

Vacancy

6%

$211

Maintenance

5%

$176

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis