REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,008 (target)

139 Vantage View Dr, Petoskey, MI 49770

3 beds • 3 baths • 2660 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.53% first-year return on $125k initial cash invested.

7.53%

Cash On Cash

8.54%

Cap Rate

1.39

DSCR

$6,008

Rent

$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,008 income − $5,224 expenses = $784 cash flow

Income$6,008Mortgage P&I$2,60043%Property Taxes$3987%Insurance$1843%Management$72112%CapEx$2404%Vacancy$1803%Maintenance$2404%Other$66111%Cash Flow$784

Investment Breakdown

|

Purchase Price

$509k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,092

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,008

Total Expenses

$5,224

Mortgage P&I

43%

$2,600

Property Taxes

7%

$398

Home Insurance

3%

$184

HOA

0%

$0

Property Management

12%

$721

CapEx

4%

$240

Vacancy

3%

$180

Maintenance

4%

$240

Other

11%

$661

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis