REI Lense

REI Lense

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$3,146 (target)

1817 Sunnyside Dr, Cadillac, MI 49601

3 beds • 2 baths • 1257 sqft

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This property looks like a bad Mid-Term investment with a projected -1.63% first-year return on $91,920 initial cash invested.

-1.63%

Cash On Cash

5.92%

Cap Rate

1

DSCR

$3,146

Rent

-$125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,920

Downpayment

20%

$70,400

Closing costs

1%

$3,520

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,146

Total Expenses

$3,271

Mortgage P&I

55%

$1,735

Property Taxes

11%

$340

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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