REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,747 (target)

1328 Wrenwood Dr, Troy, MI 48084

3 beds • 3 baths • 2368 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.55% first-year return on $94,500 initial cash invested.

-9.55%

Cash On Cash

4.59%

Cap Rate

0.74

DSCR

$2,747

Rent

-$752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,747 income − $3,499 expenses = $752 out of pocket

Income$2,747Out of Pocket$752Mortgage P&I$2,33785%Property Taxes$29011%Insurance$1586%Management$27510%CapEx$1375%Vacancy$1656%Maintenance$1375%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,747

Total Expenses

$3,499

Mortgage P&I

85%

$2,337

Property Taxes

11%

$290

Home Insurance

6%

$158

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$137

Vacancy

6%

$165

Maintenance

5%

$137

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis