REI Lense

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$2,298 (target)

1510 Jacqueline Dr, Holt, MI 48842

3 beds • 2 baths • 1566 sqft

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This property looks like a bad Long-Term investment with a projected -90.29% first-year return on $54,852 initial cash invested.

-90.29%

Cash On Cash

-11.89%

Cap Rate

-1.82

DSCR

$2,298

Rent

-$4,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,298 income − $6,425 expenses = $4,127 out of pocket

Income$2,298Out of Pocket$4,127Mortgage P&I$1,42562%Property Taxes$4,314188%Insurance$884%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$261k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,852

Downpayment

20%

$52,240

Closing costs

1%

$2,612

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,298

Total Expenses

$6,425

Mortgage P&I

62%

$1,425

Property Taxes

188%

$4,314

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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