REI Lense

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$1,471 (target)

1382 Peachwood Dr, Flint, MI 48507

3 beds • 2 baths • 2386 sqft

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This property looks like a bad Long-Term investment with a projected -7.59% first-year return on $40,929 initial cash invested.

-7.59%

Cash On Cash

5.39%

Cap Rate

0.83

DSCR

$1,471

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,471 income − $1,730 expenses = $259 out of pocket

Income$1,471Out of Pocket$259Mortgage P&I$1,06172%Property Taxes$21815%Insurance$685%Management$14710%CapEx$745%Vacancy$886%Maintenance$745%

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,929

Downpayment

20%

$38,980

Closing costs

1%

$1,949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,471

Total Expenses

$1,730

Mortgage P&I

72%

$1,061

Property Taxes

15%

$218

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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