REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,350 (target)

1800 Cummings Ave, Berkley, MI 48072

3 beds • 2 baths • 1567 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $84,465 initial cash invested.

2.07%

Cash On Cash

7.05%

Cap Rate

1.18

DSCR

$3,350

Rent

$146

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,350 income − $3,204 expenses = $146 cash flow

Income$3,350Mortgage P&I$1,57947%Property Taxes$37911%Insurance$1083%Management$40212%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%Cash Flow$146

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,465

Downpayment

20%

$63,300

Closing costs

1%

$3,165

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,350

Total Expenses

$3,204

Mortgage P&I

47%

$1,579

Property Taxes

11%

$379

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis