REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,761 (target)

1759 Fischer St, Detroit, MI 48214

3 beds • 2 baths • 2250 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.71% first-year return on $73,899 initial cash invested.

-11.71%

Cash On Cash

4.23%

Cap Rate

0.66

DSCR

$1,761

Rent

-$721

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,761 income − $2,482 expenses = $721 out of pocket

Income$1,761Out of Pocket$721Mortgage P&I$1,873106%Property Taxes$231%Insurance$1287%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$352k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,899

Downpayment

20%

$70,380

Closing costs

1%

$3,519

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,761

Total Expenses

$2,482

Mortgage P&I

106%

$1,873

Property Taxes

1%

$23

Home Insurance

7%

$128

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis