REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,076 (target)

20514 Lochmoor St, Harper Woods, MI 48225

3 beds • 3 baths • 2380 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.25% first-year return on $61,785 initial cash invested.

-4.25%

Cash On Cash

6.01%

Cap Rate

0.88

DSCR

$2,076

Rent

-$219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,076 income − $2,295 expenses = $219 out of pocket

Income$2,076Out of Pocket$219Mortgage P&I$1,18057%Property Taxes$33716%Insurance$734%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,785

Downpayment

20%

$41,700

Closing costs

1%

$2,085

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,076

Total Expenses

$2,295

Mortgage P&I

57%

$1,180

Property Taxes

16%

$337

Home Insurance

4%

$73

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis