REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,994 (target)

1752 Middle Trail Rd, Commerce Township, MI 48390

3 beds • 2 baths • 1950 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $95,049 initial cash invested.

3.06%

Cash On Cash

7.71%

Cap Rate

1.21

DSCR

$3,994

Rent

$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,994 income − $3,752 expenses = $242 cash flow

Income$3,994Mortgage P&I$1,95649%Property Taxes$3078%Insurance$1313%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%Cash Flow$242

Investment Breakdown

|

Purchase Price

$367k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,049

Downpayment

20%

$73,380

Closing costs

1%

$3,669

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,994

Total Expenses

$3,752

Mortgage P&I

49%

$1,956

Property Taxes

8%

$307

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis