REI Lense

REI Lense

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$1,906 (target)

14085 Lincoln St, Oak Park, MI 48237

3 beds • 2 baths • 1129 sqft

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This property looks like a bad Long-Term investment with a projected -14.79% first-year return on $56,154 initial cash invested.

-14.79%

Cash On Cash

3.71%

Cap Rate

0.58

DSCR

$1,906

Rent

-$692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,154

Downpayment

20%

$53,480

Closing costs

1%

$2,674

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,906

Total Expenses

$2,598

Mortgage P&I

75%

$1,423

Property Taxes

32%

$610

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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