REI Lense

REI Lense

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$3,148 (target)

1641 Chelsea Cir, Howell, MI 48843

3 beds • 2 baths • 1372 sqft

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This property looks like a bad Mid-Term investment with a projected -1.59% first-year return on $88,119 initial cash invested.

-1.59%

Cash On Cash

6.09%

Cap Rate

1.01

DSCR

$3,148

Rent

-$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,119

Downpayment

20%

$66,780

Closing costs

1%

$3,339

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,148

Total Expenses

$3,265

Mortgage P&I

54%

$1,685

Property Taxes

10%

$318

Home Insurance

4%

$114

HOA

2%

$78

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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