REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,734 (target)

1496 W Dodge Rd, Clio, MI 48420

3 beds • 3 baths • 1750 sqft

Email

This property could be a profitable Mid-Term investment with a projected 13.06% first-year return on $67,329 initial cash invested.

13.06%

Cash On Cash

10.94%

Cap Rate

1.7

DSCR

$3,734

Rent

$733

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,734 income − $3,001 expenses = $733 cash flow

Income$3,734Mortgage P&I$1,26034%Property Taxes$39010%Insurance$822%Management$44812%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41111%Cash Flow$733

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,734

Total Expenses

$3,001

Mortgage P&I

34%

$1,260

Property Taxes

10%

$390

Home Insurance

2%

$82

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$411

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis