REI Lense

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$4,159 (target)

2075 Shagbark Ln, Okemos, MI 48864

3 beds • 4 baths • 3167 sqft

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This property might be a fair Long-Term investment with a projected 7.19% first-year return on $81,123 initial cash invested.

7.19%

Cash On Cash

8.08%

Cap Rate

1.36

DSCR

$4,159

Rent

$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,123

Downpayment

20%

$77,260

Closing costs

1%

$3,863

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,159

Total Expenses

$3,673

Mortgage P&I

46%

$1,907

Property Taxes

13%

$532

Home Insurance

3%

$145

HOA

0%

$7

Property Management

10%

$416

CapEx

5%

$208

Vacancy

6%

$250

Maintenance

5%

$208

Other

0%

$0

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