REI Lense

REI Lense

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$4,119 (target)

1440 Woodbridge Ln, Wixom, MI 48393

3 beds • 4 baths • 3590 sqft

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This property looks like a bad Long-Term investment with a projected -10.61% first-year return on $142k initial cash invested.

-10.61%

Cash On Cash

4.05%

Cap Rate

0.69

DSCR

$4,119

Rent

-$1,254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$675k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$135k

Closing costs

1%

$6,754

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,119

Total Expenses

$5,373

Mortgage P&I

81%

$3,327

Property Taxes

17%

$688

Home Insurance

6%

$245

HOA

1%

$42

Property Management

10%

$412

CapEx

5%

$206

Vacancy

6%

$247

Maintenance

5%

$206

Other

0%

$0

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