REI Lense

REI Lense

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$1,726 (target)

1808 Park Ave, Kalamazoo, MI 49004

3 beds • 2 baths • 1056 sqft

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This property looks like a bad Long-Term investment with a projected -2.86% first-year return on $44,037 initial cash invested.

-2.86%

Cash On Cash

6.17%

Cap Rate

0.98

DSCR

$1,726

Rent

-$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,037

Downpayment

20%

$41,940

Closing costs

1%

$2,097

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,726

Total Expenses

$1,831

Mortgage P&I

64%

$1,097

Property Taxes

12%

$210

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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