REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,802 (target)

1619 E Bertrand Rd, Niles, MI 49120

3 beds • 2 baths • 1844 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.1% first-year return on $66,930 initial cash invested.

6.1%

Cash On Cash

8.83%

Cap Rate

1.36

DSCR

$2,802

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,802 income − $2,462 expenses = $340 cash flow

Income$2,802Mortgage P&I$1,26345%Property Taxes$1636%Insurance$843%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$340

Investment Breakdown

|

Purchase Price

$233k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,930

Downpayment

20%

$46,600

Closing costs

1%

$2,330

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,802

Total Expenses

$2,462

Mortgage P&I

45%

$1,263

Property Taxes

6%

$163

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis