REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,466 (target)

2118 S Cavalier Dr, Canton, MI 48188

3 beds • 2 baths • 1833 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.45% first-year return on $90,114 initial cash invested.

0.45%

Cash On Cash

6.96%

Cap Rate

1.1

DSCR

$3,466

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,466 income − $3,432 expenses = $34 cash flow

Income$3,466Mortgage P&I$1,82053%Property Taxes$2979%Insurance$1213%HOA$15Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%Cash Flow$34

Investment Breakdown

|

Purchase Price

$343k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,114

Downpayment

20%

$68,680

Closing costs

1%

$3,434

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,466

Total Expenses

$3,432

Mortgage P&I

53%

$1,820

Property Taxes

9%

$297

Home Insurance

3%

$121

HOA

0%

$15

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis