REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,393 (target)

1522 S Campbell Rd, Royal Oak, MI 48067

3 beds • 2 baths • 1050 sqft

Email

This property looks like a bad Long-Term investment with a projected -0.55% first-year return on $54,705 initial cash invested.

-0.55%

Cash On Cash

6.82%

Cap Rate

1.07

DSCR

$2,393

Rent

-$25

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,393 income − $2,418 expenses = $25 out of pocket

Income$2,393Out of Pocket$25Mortgage P&I$1,38658%Property Taxes$31613%Insurance$934%Management$23910%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$261k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,705

Downpayment

20%

$52,100

Closing costs

1%

$2,605

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,393

Total Expenses

$2,418

Mortgage P&I

58%

$1,386

Property Taxes

13%

$316

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis