REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,601 (target)

1775 Monroe Bch, Battle Creek, MI 49014

3 beds • 2 baths • 2402 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.2% first-year return on $66,279 initial cash invested.

0.2%

Cash On Cash

7.39%

Cap Rate

1.09

DSCR

$2,601

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,601 income − $2,590 expenses = $11 cash flow

Income$2,601Mortgage P&I$1,30050%Property Taxes$32412%Insurance$803%HOA$2Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$11

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,601

Total Expenses

$2,590

Mortgage P&I

50%

$1,300

Property Taxes

12%

$324

Home Insurance

3%

$80

HOA

0%

$2

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis