REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,016 (target)

16199 Ferguson St, Detroit, MI 48235

3 beds • 2 baths • 2154 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $57,900 initial cash invested.

0.27%

Cash On Cash

6.87%

Cap Rate

1.09

DSCR

$2,016

Rent

$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,016 income − $2,003 expenses = $13 cash flow

Income$2,016Mortgage P&I$99349%Property Taxes$25813%Insurance$663%Management$24212%CapEx$814%Vacancy$603%Maintenance$814%Other$22211%Cash Flow$13

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,016

Total Expenses

$2,003

Mortgage P&I

49%

$993

Property Taxes

13%

$258

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$60

Maintenance

4%

$81

Other

11%

$222

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis