REI Lense

REI Lense

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$1,658 (target)

15112 Oldham St, Taylor, MI 48180

3 beds • 2 baths • 1300 sqft

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This property might be a fair Long-Term investment with a projected 5.16% first-year return on $34,629 initial cash invested.

5.16%

Cash On Cash

8.13%

Cap Rate

1.26

DSCR

$1,658

Rent

$149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,658 income − $1,509 expenses = $149 cash flow

Income$1,658Mortgage P&I$88553%Property Taxes$1358%Insurance$583%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%Cash Flow$149

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,658

Total Expenses

$1,509

Mortgage P&I

53%

$885

Property Taxes

8%

$135

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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