REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,590 (target)

1522 S Campbell Rd, Royal Oak, MI 48067

3 beds • 2 baths • 1050 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.46% first-year return on $72,705 initial cash invested.

9.46%

Cash On Cash

9.69%

Cap Rate

1.52

DSCR

$3,590

Rent

$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,590 income − $3,017 expenses = $573 cash flow

Income$3,590Mortgage P&I$1,38639%Property Taxes$3169%Insurance$933%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%Cash Flow$573

Investment Breakdown

|

Purchase Price

$261k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,705

Downpayment

20%

$52,100

Closing costs

1%

$2,605

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,590

Total Expenses

$3,017

Mortgage P&I

39%

$1,386

Property Taxes

9%

$316

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis