REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,744 (target)

1519 Grant Ave, Grand Haven, MI 49417

3 beds • 2 baths • 1920 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.11% first-year return on $79,068 initial cash invested.

0.11%

Cash On Cash

6.54%

Cap Rate

1.08

DSCR

$2,744

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,744 income − $2,737 expenses = $7 cash flow

Income$2,744Mortgage P&I$1,46954%Property Taxes$2308%Insurance$1054%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$7

Investment Breakdown

|

Purchase Price

$291k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,068

Downpayment

20%

$58,160

Closing costs

1%

$2,908

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,744

Total Expenses

$2,737

Mortgage P&I

54%

$1,469

Property Taxes

8%

$230

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis