REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,346 (target)

2115 20th St, Allegan, MI 49010

3 beds • 3 baths • 2132 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.05% first-year return on $80,850 initial cash invested.

-12.05%

Cash On Cash

4.23%

Cap Rate

0.66

DSCR

$2,346

Rent

-$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,346 income − $3,158 expenses = $812 out of pocket

Income$2,346Out of Pocket$812Mortgage P&I$2,05388%Property Taxes$36015%Insurance$1356%Management$23510%CapEx$1175%Vacancy$1416%Maintenance$1175%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,346

Total Expenses

$3,158

Mortgage P&I

88%

$2,053

Property Taxes

15%

$360

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$117

Vacancy

6%

$141

Maintenance

5%

$117

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis