REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,871 (target)

15840 Webster Ave, Southfield, MI 48076

3 beds • 2 baths • 1582 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $63,000 initial cash invested.

-11.96%

Cash On Cash

4.55%

Cap Rate

0.68

DSCR

$1,871

Rent

-$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,871 income − $2,499 expenses = $628 out of pocket

Income$1,871Out of Pocket$628Mortgage P&I$1,67189%Property Taxes$23613%Insurance$1056%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,871

Total Expenses

$2,499

Mortgage P&I

89%

$1,671

Property Taxes

13%

$236

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis