REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,518 (target)

16166 Whitehead Dr, Linden, MI 48451

3 beds • 3 baths • 1593 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $88,098 initial cash invested.

2.27%

Cash On Cash

7.04%

Cap Rate

1.19

DSCR

$3,518

Rent

$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,518 income − $3,351 expenses = $167 cash flow

Income$3,518Mortgage P&I$1,65047%Property Taxes$38211%Insurance$1223%Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%Cash Flow$167

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,098

Downpayment

20%

$66,760

Closing costs

1%

$3,338

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,518

Total Expenses

$3,351

Mortgage P&I

47%

$1,650

Property Taxes

11%

$382

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis