REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,000 (target)

1427 Pearson St, Ferndale, MI 48220

3 beds • 2 baths • 1826 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $75,162 initial cash invested.

2.11%

Cash On Cash

7.06%

Cap Rate

1.19

DSCR

$3,000

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,000 income − $2,868 expenses = $132 cash flow

Income$3,000Mortgage P&I$1,34945%Property Taxes$40313%Insurance$963%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$132

Investment Breakdown

|

Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,162

Downpayment

20%

$54,440

Closing costs

1%

$2,722

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,000

Total Expenses

$2,868

Mortgage P&I

45%

$1,349

Property Taxes

13%

$403

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis