REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,002 (target)

2182 N Getty St, Muskegon, MI 49445

3 beds • 3 baths • 1888 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.68% first-year return on $102k initial cash invested.

-1.68%

Cash On Cash

6.08%

Cap Rate

1.01

DSCR

$4,002

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,002 income − $4,145 expenses = $143 out of pocket

Income$4,002Out of Pocket$143Mortgage P&I$2,01150%Property Taxes$63016%Insurance$1444%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,080

Closing costs

1%

$4,004

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,002

Total Expenses

$4,145

Mortgage P&I

50%

$2,011

Property Taxes

16%

$630

Home Insurance

4%

$144

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis