REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1662 Maryland Blvd, Birmingham, MI 48009

3 beds • 3 baths • 2321 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.73% first-year return on $145k initial cash invested.

-9.73%

Cash On Cash

4.18%

Cap Rate

0.72

DSCR

$4,420

Rent

-$1,172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$688k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$138k

Closing costs

1%

$6,884

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,420

Total Expenses

$5,592

Mortgage P&I

76%

$3,348

Property Taxes

19%

$827

Home Insurance

6%

$268

HOA

0%

$0

Property Management

10%

$442

CapEx

5%

$221

Vacancy

6%

$265

Maintenance

5%

$221

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis