REI Lense

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$3,246 (target)

1625 Pebblestone Dr, Okemos, MI 48864

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Mid-Term investment with a projected -2.77% first-year return on $86,691 initial cash invested.

-2.77%

Cash On Cash

5.79%

Cap Rate

0.96

DSCR

$3,246

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,246 income − $3,446 expenses = $200 out of pocket

Income$3,246Out of Pocket$200Mortgage P&I$1,64951%Property Taxes$57618%Insurance$1174%Management$39012%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,691

Downpayment

20%

$65,420

Closing costs

1%

$3,271

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,246

Total Expenses

$3,446

Mortgage P&I

51%

$1,649

Property Taxes

18%

$576

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$390

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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