REI Lense

REI Lense

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$1,122 (target)

18300-14 Mile Rd, Battle Creek, MI 49014

3 beds • 2 baths • 2288 sqft

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This property looks like a bad Long-Term investment with a projected -16.69% first-year return on $55,650 initial cash invested.

-16.69%

Cash On Cash

2.74%

Cap Rate

0.46

DSCR

$1,122

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,122

Total Expenses

$1,896

Mortgage P&I

118%

$1,324

Property Taxes

17%

$188

Home Insurance

8%

$93

HOA

0%

$0

Property Management

10%

$112

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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