REI Lense

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$3,078 (target)

1790 Hamlet Dr, Ypsilanti, MI 48198

3 beds • 2 baths • 1632 sqft

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This property could be a profitable Mid-Term investment with a projected 15.01% first-year return on $59,979 initial cash invested.

15.01%

Cash On Cash

11.51%

Cap Rate

1.84

DSCR

$3,078

Rent

$750

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,078

Total Expenses

$2,328

Mortgage P&I

34%

$1,045

Property Taxes

5%

$167

Home Insurance

2%

$70

HOA

0%

$0

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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