REI Lense

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$3,027 (target)

163 Robinson Rd, Jackson, MI 49203

3 beds • 2 baths • 1756 sqft

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This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $76,485 initial cash invested.

0.16%

Cash On Cash

6.96%

Cap Rate

1.09

DSCR

$3,027

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,027 income − $3,017 expenses = $10 cash flow

Income$3,027Mortgage P&I$1,48549%Property Taxes$40313%Insurance$1003%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$10

Investment Breakdown

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Purchase Price

$279k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,485

Downpayment

20%

$55,700

Closing costs

1%

$2,785

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,027

Total Expenses

$3,017

Mortgage P&I

49%

$1,485

Property Taxes

13%

$403

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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