REI Lense

REI Lense

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$1,726 (target)

15170 Euclid Ave, Allen Park, MI 48101

3 beds • 2 baths • 2282 sqft

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This property looks like a bad Long-Term investment with a projected -7.11% first-year return on $51,807 initial cash invested.

-7.11%

Cash On Cash

5.3%

Cap Rate

0.83

DSCR

$1,726

Rent

-$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,807

Downpayment

20%

$49,340

Closing costs

1%

$2,467

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,726

Total Expenses

$2,033

Mortgage P&I

76%

$1,311

Property Taxes

11%

$185

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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