REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,022 (target)

1975 Teaneck Cir, Wixom, MI 48393

3 beds • 3 baths • 2428 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.01% first-year return on $97,821 initial cash invested.

0.01%

Cash On Cash

7.02%

Cap Rate

1.08

DSCR

$4,022

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,022 income − $4,021 expenses = $1 cash flow

Income$4,022Mortgage P&I$2,06251%Property Taxes$43411%Insurance$1403%HOA$17Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44211%Cash Flow$1

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,821

Downpayment

20%

$76,020

Closing costs

1%

$3,801

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,022

Total Expenses

$4,021

Mortgage P&I

51%

$2,062

Property Taxes

11%

$434

Home Insurance

3%

$140

HOA

0%

$17

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$442

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis