REI Lense

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$1,939 (target)

15201 Cavour St, Livonia, MI 48154

3 beds • 2 baths • 920 sqft

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This property looks like a bad Long-Term investment with a projected -5.46% first-year return on $47,250 initial cash invested.

-5.46%

Cash On Cash

5.92%

Cap Rate

0.9

DSCR

$1,939

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,939 income − $2,154 expenses = $215 out of pocket

Income$1,939Out of Pocket$215Mortgage P&I$1,22863%Property Taxes$34318%Insurance$794%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,939

Total Expenses

$2,154

Mortgage P&I

63%

$1,228

Property Taxes

18%

$343

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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