REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,000 (target)

1427 Pearson St, Ferndale, MI 48220

3 beds • 2 baths • 1826 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $57,162 initial cash invested.

-7.73%

Cash On Cash

4.77%

Cap Rate

0.8

DSCR

$2,000

Rent

-$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,000 income − $2,368 expenses = $368 out of pocket

Income$2,000Out of Pocket$368Mortgage P&I$1,34967%Property Taxes$40320%Insurance$965%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,162

Downpayment

20%

$54,440

Closing costs

1%

$2,722

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,000

Total Expenses

$2,368

Mortgage P&I

67%

$1,349

Property Taxes

20%

$403

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis