REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,704 (target)

137 E Meldrum Cir, Saint Clair, MI 48079

3 beds • 3 baths • 2220 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $90,804 initial cash invested.

-11.46%

Cash On Cash

4.09%

Cap Rate

0.67

DSCR

$2,704

Rent

-$867

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $3,571 expenses = $867 out of pocket

Income$2,704Out of Pocket$867Mortgage P&I$2,20782%Property Taxes$50819%Insurance$1546%Management$27010%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,804

Downpayment

20%

$86,480

Closing costs

1%

$4,324

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,704

Total Expenses

$3,571

Mortgage P&I

82%

$2,207

Property Taxes

19%

$508

Home Insurance

6%

$154

HOA

0%

$0

Property Management

10%

$270

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis