REI Lense

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$4,330 (target)

1726 Weyhill Dr, Wixom, MI 48393

3 beds • 3 baths • 2847 sqft

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This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $99,921 initial cash invested.

2.11%

Cash On Cash

7.31%

Cap Rate

1.17

DSCR

$4,330

Rent

$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,330 income − $4,154 expenses = $176 cash flow

Income$4,330Mortgage P&I$2,02647%Property Taxes$49511%Insurance$1403%HOA$21Management$52012%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%Cash Flow$176

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,921

Downpayment

20%

$78,020

Closing costs

1%

$3,901

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,330

Total Expenses

$4,154

Mortgage P&I

47%

$2,026

Property Taxes

11%

$495

Home Insurance

3%

$140

HOA

0%

$21

Property Management

12%

$520

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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