REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,959 (target)

15300 Faircrest St, Detroit, MI 48205

3 beds • 2 baths • 940 sqft

Email

This property could be a profitable Mid-Term investment with a projected 11.32% first-year return on $39,000 initial cash invested.

11.32%

Cash On Cash

12.05%

Cap Rate

1.8

DSCR

$1,959

Rent

$368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,959 income − $1,591 expenses = $368 cash flow

Income$1,959Mortgage P&I$55828%Property Taxes$33317%Insurance$352%Management$23512%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%Cash Flow$368

Investment Breakdown

|

Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$1,959

Total Expenses

$1,591

Mortgage P&I

28%

$558

Property Taxes

17%

$333

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$235

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis