REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,100 (target)

21671 N Nunneley Rd, Clinton Township, MI 48036

3 beds • 2 baths • 2660 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $71,382 initial cash invested.

4.69%

Cash On Cash

7.92%

Cap Rate

1.32

DSCR

$3,100

Rent

$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,100 income − $2,821 expenses = $279 cash flow

Income$3,100Mortgage P&I$1,27441%Property Taxes$38813%Insurance$1053%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$279

Investment Breakdown

|

Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,382

Downpayment

20%

$50,840

Closing costs

1%

$2,542

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,100

Total Expenses

$2,821

Mortgage P&I

41%

$1,274

Property Taxes

13%

$388

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis