REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,624 (target)

1527 Hazel Ave, Birmingham, MI 48009

3 beds • 2 baths • 1649 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.8% first-year return on $93,303 initial cash invested.

-9.8%

Cash On Cash

4.23%

Cap Rate

0.71

DSCR

$2,624

Rent

-$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,624 income − $3,386 expenses = $762 out of pocket

Income$2,624Out of Pocket$762Mortgage P&I$2,19984%Property Taxes$34013%Insurance$1666%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

|

Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,303

Downpayment

20%

$88,860

Closing costs

1%

$4,443

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,624

Total Expenses

$3,386

Mortgage P&I

84%

$2,199

Property Taxes

13%

$340

Home Insurance

6%

$166

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis