REI Lense

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$5,157 (target)

161 Abby Brook Ln, Howell, MI 48843

3 beds • 3 baths • 2900 sqft

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This property looks like a bad Mid-Term investment with a projected -3.97% first-year return on $151k initial cash invested.

-3.97%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$5,157

Rent

-$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,157 income − $5,657 expenses = $500 out of pocket

Income$5,157Out of Pocket$500Mortgage P&I$3,18962%Property Taxes$4649%Insurance$2284%HOA$23Management$61912%CapEx$2064%Vacancy$1553%Maintenance$2064%Other$56711%

Investment Breakdown

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Purchase Price

$633k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,334

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,157

Total Expenses

$5,657

Mortgage P&I

62%

$3,189

Property Taxes

9%

$464

Home Insurance

4%

$228

HOA

0%

$23

Property Management

12%

$619

CapEx

4%

$206

Vacancy

3%

$155

Maintenance

4%

$206

Other

11%

$567

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