REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,737 (target)

1601 Wellington Rd, Lansing, MI 48910

3 beds • 2 baths • 1600 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.45% first-year return on $52,815 initial cash invested.

-13.45%

Cash On Cash

4.18%

Cap Rate

0.63

DSCR

$1,737

Rent

-$592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,737 income − $2,329 expenses = $592 out of pocket

Income$1,737Out of Pocket$592Mortgage P&I$1,38280%Property Taxes$41124%Insurance$845%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,815

Downpayment

20%

$50,300

Closing costs

1%

$2,515

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,737

Total Expenses

$2,329

Mortgage P&I

80%

$1,382

Property Taxes

24%

$411

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis