REI Lense

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$3,447 (target)

2143 Warbler Ct, Commerce Township, MI 48382

3 beds • 4 baths • 2470 sqft

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This property looks like a bad Long-Term investment with a projected -9.56% first-year return on $109k initial cash invested.

-9.56%

Cash On Cash

4.44%

Cap Rate

0.73

DSCR

$3,447

Rent

-$866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,447 income − $4,313 expenses = $866 out of pocket

Income$3,447Out of Pocket$866Mortgage P&I$2,61076%Property Taxes$59917%Insurance$1755%HOA$331%Management$34510%CapEx$1725%Vacancy$2076%Maintenance$1725%

Investment Breakdown

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Purchase Price

$518k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,178

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,447

Total Expenses

$4,313

Mortgage P&I

76%

$2,610

Property Taxes

17%

$599

Home Insurance

5%

$175

HOA

1%

$33

Property Management

10%

$345

CapEx

5%

$172

Vacancy

6%

$207

Maintenance

5%

$172

Other

0%

$0

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