REI Lense

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$3,438 (target)

161 Abby Brook Ln, Howell, MI 48843

3 beds • 3 baths • 2900 sqft

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This property looks like a bad Long-Term investment with a projected -12.27% first-year return on $133k initial cash invested.

-12.27%

Cash On Cash

3.79%

Cap Rate

0.63

DSCR

$3,438

Rent

-$1,360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,438 income − $4,798 expenses = $1,360 out of pocket

Income$3,438Out of Pocket$1,360Mortgage P&I$3,18993%Property Taxes$46413%Insurance$2287%HOA$231%Management$34410%CapEx$1725%Vacancy$2066%Maintenance$1725%

Investment Breakdown

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Purchase Price

$633k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,334

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,438

Total Expenses

$4,798

Mortgage P&I

93%

$3,189

Property Taxes

14%

$464

Home Insurance

7%

$228

HOA

1%

$23

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$206

Maintenance

5%

$172

Other

0%

$0

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