REI Lense

REI Lense

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$3,819 (target)

2070 Winchester Rd, Rochester Hills, MI 48307

3 beds • 3 baths • 1680 sqft

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This property looks like a bad Mid-Term investment with a projected -1.42% first-year return on $111k initial cash invested.

-1.42%

Cash On Cash

6.05%

Cap Rate

1.01

DSCR

$3,819

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,920

Closing costs

1%

$4,446

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,819

Total Expenses

$3,951

Mortgage P&I

58%

$2,221

Property Taxes

7%

$272

Home Insurance

4%

$152

HOA

0%

$7

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$420

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