REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,353 (target)

16362 Paddock Club Blvd, Linden, MI 48451

3 beds • 2 baths • 1456 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.97% first-year return on $71,400 initial cash invested.

-6.97%

Cash On Cash

4.92%

Cap Rate

0.82

DSCR

$2,353

Rent

-$415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,353 income − $2,768 expenses = $415 out of pocket

Income$2,353Out of Pocket$415Mortgage P&I$1,69172%Property Taxes$34615%Insurance$1195%Management$23510%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,353

Total Expenses

$2,768

Mortgage P&I

72%

$1,691

Property Taxes

15%

$346

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis