REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,044 (target)

18708 Robson St, Detroit, MI 48235

3 beds • 2 baths • 2068 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $53,700 initial cash invested.

4.69%

Cash On Cash

8.45%

Cap Rate

1.32

DSCR

$2,044

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,044

Total Expenses

$1,834

Mortgage P&I

44%

$905

Property Taxes

9%

$174

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$245

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$225

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis