REI Lense

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$2,740 (target)

19427 Candlelight St, Roseville, MI 48066

3 beds • 2 baths • 3930 sqft

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This property looks like a bad Mid-Term investment with a projected -4.52% first-year return on $88,770 initial cash invested.

-4.52%

Cash On Cash

5.27%

Cap Rate

0.87

DSCR

$2,740

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,740 income − $3,074 expenses = $334 out of pocket

Income$2,740Out of Pocket$334Mortgage P&I$1,70362%Property Taxes$32112%Insurance$1184%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,770

Downpayment

20%

$67,400

Closing costs

1%

$3,370

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,740

Total Expenses

$3,074

Mortgage P&I

62%

$1,703

Property Taxes

12%

$321

Home Insurance

4%

$118

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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