REI Lense

REI Lense

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$3,535 (target)

20053 Sycamore Dr, Macomb, MI 48044

3 beds • 4 baths • 4531 sqft

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This property looks like a bad Long-Term investment with a projected -12.44% first-year return on $115k initial cash invested.

-12.44%

Cash On Cash

4.46%

Cap Rate

0.67

DSCR

$3,535

Rent

-$1,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,535 income − $4,730 expenses = $1,195 out of pocket

Income$3,535Out of Pocket$1,195Mortgage P&I$3,05786%Property Taxes$52915%Insurance$1966%HOA$281%Management$35410%CapEx$1775%Vacancy$2126%Maintenance$1775%

Investment Breakdown

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Purchase Price

$549k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,535

Total Expenses

$4,730

Mortgage P&I

86%

$3,057

Property Taxes

15%

$529

Home Insurance

6%

$196

HOA

1%

$28

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

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