REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,393 (target)

1910 Alton Cir, Commerce Township, MI 48390

3 beds • 2 baths • 1706 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.77% first-year return on $79,929 initial cash invested.

3.77%

Cash On Cash

7.96%

Cap Rate

1.25

DSCR

$3,393

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,393 income − $3,142 expenses = $251 cash flow

Income$3,393Mortgage P&I$1,56946%Property Taxes$3149%Insurance$1053%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%Cash Flow$251

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,929

Downpayment

20%

$58,980

Closing costs

1%

$2,949

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,393

Total Expenses

$3,142

Mortgage P&I

46%

$1,569

Property Taxes

9%

$314

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis