REI Lense

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$2,456 (target)

18481 Westbrook Dr, Livonia, MI 48152

3 beds • 3 baths • 2309 sqft

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This property looks like a bad Long-Term investment with a projected -6.63% first-year return on $74,403 initial cash invested.

-6.63%

Cash On Cash

4.99%

Cap Rate

0.84

DSCR

$2,456

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,456 income − $2,867 expenses = $411 out of pocket

Income$2,456Out of Pocket$411Mortgage P&I$1,76272%Property Taxes$32613%Insurance$1406%Management$24610%CapEx$1235%Vacancy$1476%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,403

Downpayment

20%

$70,860

Closing costs

1%

$3,543

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,456

Total Expenses

$2,867

Mortgage P&I

72%

$1,762

Property Taxes

13%

$326

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

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