REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,980 (target)

1901 Detroit St, Dearborn, MI 48124

3 beds • 3 baths • 1814 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.5% first-year return on $80,979 initial cash invested.

1.5%

Cash On Cash

6.94%

Cap Rate

1.15

DSCR

$2,980

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $2,879 expenses = $101 cash flow

Income$2,980Mortgage P&I$1,51551%Property Taxes$2468%Insurance$1054%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$101

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$2,879

Mortgage P&I

51%

$1,515

Property Taxes

8%

$246

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis