REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,253 (target)

1813 Martin Luther King Jr Dr, Jackson, MI 49203

3 beds • 2 baths • 1344 sqft

Email

This property could be a profitable Mid-Term investment with a projected 41.34% first-year return on $30,738 initial cash invested.

41.34%

Cash On Cash

29.08%

Cap Rate

4.58

DSCR

$2,253

Rent

$1,059

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,253 income − $1,194 expenses = $1,059 cash flow

Income$2,253Mortgage P&I$32114%Property Taxes$864%Insurance$211%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$1,059

Investment Breakdown

|

Purchase Price

$60,656

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,738

Downpayment

20%

$12,131

Closing costs

1%

$607

Rehab

0%

$0

Furnishing

30%

$18,000

Cashflow

Total Income

$2,253

Total Expenses

$1,194

Mortgage P&I

14%

$321

Property Taxes

4%

$86

Home Insurance

1%

$21

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis