REI Lense

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$1,972 (target)

20084 Stahelin Ave, Detroit, MI 48219

3 beds • 2 baths • 880 sqft

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This property could be a profitable Mid-Term investment with a projected 31.96% first-year return on $31,839 initial cash invested.

31.96%

Cash On Cash

22.98%

Cap Rate

3.77

DSCR

$1,972

Rent

$848

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$65,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,839

Downpayment

20%

$13,180

Closing costs

1%

$659

Rehab

0%

$0

Furnishing

27%

$18,000

Cashflow

Total Income

$1,972

Total Expenses

$1,124

Mortgage P&I

17%

$335

Property Taxes

5%

$95

Home Insurance

1%

$23

HOA

0%

$0

Property Management

12%

$237

CapEx

4%

$79

Vacancy

3%

$59

Maintenance

4%

$79

Other

11%

$217

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