REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,307 (target)

21 Edison Ave, Ypsilanti, MI 48197

3 beds • 2 baths • 2284 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.63% first-year return on $63,042 initial cash invested.

-4.63%

Cash On Cash

5.41%

Cap Rate

0.91

DSCR

$2,307

Rent

-$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,307 income − $2,550 expenses = $243 out of pocket

Income$2,307Out of Pocket$243Mortgage P&I$1,48264%Property Taxes$36916%Insurance$1004%Management$23110%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,042

Downpayment

20%

$60,040

Closing costs

1%

$3,002

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,307

Total Expenses

$2,550

Mortgage P&I

64%

$1,482

Property Taxes

16%

$369

Home Insurance

4%

$100

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis