REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,489 (target)

1496 W Dodge Rd, Clio, MI 48420

3 beds • 3 baths • 1750 sqft

Email

This property might be a fair Long-Term investment with a projected 2.7% first-year return on $49,329 initial cash invested.

2.7%

Cash On Cash

7.64%

Cap Rate

1.19

DSCR

$2,489

Rent

$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,489 income − $2,378 expenses = $111 cash flow

Income$2,489Mortgage P&I$1,26051%Property Taxes$39016%Insurance$823%Management$24910%CapEx$1245%Vacancy$1496%Maintenance$1245%Cash Flow$111

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,489

Total Expenses

$2,378

Mortgage P&I

51%

$1,260

Property Taxes

16%

$390

Home Insurance

3%

$82

HOA

0%

$0

Property Management

10%

$249

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis