REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,393 (target)

19406 Greenwald Dr, Southfield, MI 48075

3 beds • 2 baths • 2416 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $59,304 initial cash invested.

-9.96%

Cash On Cash

5.03%

Cap Rate

0.76

DSCR

$2,393

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,393 income − $2,885 expenses = $492 out of pocket

Income$2,393Out of Pocket$492Mortgage P&I$1,55665%Property Taxes$58424%Insurance$1225%Management$23910%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$282k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,304

Downpayment

20%

$56,480

Closing costs

1%

$2,824

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,393

Total Expenses

$2,885

Mortgage P&I

65%

$1,556

Property Taxes

24%

$584

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis