REI Lense

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$5,170 (target)

2143 Warbler Ct, Commerce Township, MI 48382

3 beds • 4 baths • 2470 sqft

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This property looks like a bad Mid-Term investment with a projected -0.05% first-year return on $127k initial cash invested.

-0.05%

Cash On Cash

6.52%

Cap Rate

1.08

DSCR

$5,170

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,170 income − $5,175 expenses = $5 out of pocket

Income$5,170Out of Pocket$5Mortgage P&I$2,61050%Property Taxes$59912%Insurance$1753%HOA$331%Management$62012%CapEx$2074%Vacancy$1553%Maintenance$2074%Other$56911%

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,178

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,170

Total Expenses

$5,175

Mortgage P&I

50%

$2,610

Property Taxes

12%

$599

Home Insurance

3%

$175

HOA

1%

$33

Property Management

12%

$620

CapEx

4%

$207

Vacancy

3%

$155

Maintenance

4%

$207

Other

11%

$569

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