REI Lense

REI Lense

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$2,655 (target)

16355 Red Fox Trl, Linden, MI 48451

3 beds • 3 baths • 2192 sqft

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This property looks like a bad Long-Term investment with a projected -11.48% first-year return on $86,961 initial cash invested.

-11.48%

Cash On Cash

3.9%

Cap Rate

0.66

DSCR

$2,655

Rent

-$832

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,655 income − $3,487 expenses = $832 out of pocket

Income$2,655Out of Pocket$832Mortgage P&I$2,04477%Property Taxes$55921%Insurance$1496%HOA$442%Management$26610%CapEx$1335%Vacancy$1596%Maintenance$1335%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,961

Downpayment

20%

$82,820

Closing costs

1%

$4,141

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,655

Total Expenses

$3,487

Mortgage P&I

77%

$2,044

Property Taxes

21%

$559

Home Insurance

6%

$149

HOA

2%

$44

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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