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$2,582 (target)

1930 Beacon Hill Dr, Lansing, MI 48906

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Mid-Term investment with a projected -1.48% first-year return on $67,329 initial cash invested.

-1.48%

Cash On Cash

6.37%

Cap Rate

1.02

DSCR

$2,582

Rent

-$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,582 income − $2,665 expenses = $83 out of pocket

Income$2,582Out of Pocket$83Mortgage P&I$1,22748%Property Taxes$47919%Insurance$823%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,582

Total Expenses

$2,665

Mortgage P&I

48%

$1,227

Property Taxes

19%

$479

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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