REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,096 (target)

1986 Riveria Dr, East Lansing, MI 48823

3 beds • 3 baths • 1924 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $52,500 initial cash invested.

-6.74%

Cash On Cash

5.63%

Cap Rate

0.86

DSCR

$2,096

Rent

-$295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,096 income − $2,391 expenses = $295 out of pocket

Income$2,096Out of Pocket$295Mortgage P&I$1,36365%Property Taxes$39419%Insurance$884%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,096

Total Expenses

$2,391

Mortgage P&I

65%

$1,363

Property Taxes

19%

$394

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis