REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,594 (target)

2090 Leblanc St, Lincoln Park, MI 48146

3 beds • 2 baths • 2040 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.78% first-year return on $66,069 initial cash invested.

2.78%

Cash On Cash

7.82%

Cap Rate

1.21

DSCR

$2,594

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,594 income − $2,441 expenses = $153 cash flow

Income$2,594Mortgage P&I$1,23548%Property Taxes$2449%Insurance$803%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$153

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,069

Downpayment

20%

$45,780

Closing costs

1%

$2,289

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,594

Total Expenses

$2,441

Mortgage P&I

48%

$1,235

Property Taxes

9%

$244

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis