REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,420 (target)

1612 S Hughes Rd, Brighton, MI 48114

3 beds • 2 baths • 1356 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.3% first-year return on $100k initial cash invested.

-14.3%

Cash On Cash

3.24%

Cap Rate

0.55

DSCR

$2,420

Rent

-$1,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,420 income − $3,615 expenses = $1,195 out of pocket

Income$2,420Out of Pocket$1,195Mortgage P&I$2,36498%Property Taxes$41217%Insurance$2109%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

|

Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$95,500

Closing costs

1%

$4,775

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,420

Total Expenses

$3,615

Mortgage P&I

98%

$2,364

Property Taxes

17%

$412

Home Insurance

9%

$210

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis