REI Lense

REI Lense

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$2,912 (target)

14458 Oak Leaf Trl, Linden, MI 48451

3 beds • 3 baths • 1704 sqft

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This property looks like a bad Long-Term investment with a projected -1.62% first-year return on $76,146 initial cash invested.

-1.62%

Cash On Cash

6.13%

Cap Rate

1.02

DSCR

$2,912

Rent

-$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $3,015 expenses = $103 out of pocket

Income$2,912Out of Pocket$103Mortgage P&I$1,81062%Property Taxes$29410%Insurance$1264%HOA$271%Management$29110%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,146

Downpayment

20%

$72,520

Closing costs

1%

$3,626

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,912

Total Expenses

$3,015

Mortgage P&I

62%

$1,810

Property Taxes

10%

$294

Home Insurance

4%

$126

HOA

1%

$27

Property Management

10%

$291

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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