REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,597 (target)

1794 Norton Creek Ct, Wixom, MI 48393

3 beds • 3 baths • 1673 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.91% first-year return on $83,475 initial cash invested.

-8.91%

Cash On Cash

4.44%

Cap Rate

0.75

DSCR

$2,597

Rent

-$620

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,475

Downpayment

20%

$79,500

Closing costs

1%

$3,975

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,597

Total Expenses

$3,217

Mortgage P&I

76%

$1,962

Property Taxes

16%

$408

Home Insurance

5%

$138

HOA

1%

$33

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis