REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,450 (target)

221 Borgess Ave, Monroe, MI 48162

3 beds • 2 baths • 1248 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.83% first-year return on $64,326 initial cash invested.

1.83%

Cash On Cash

7.34%

Cap Rate

1.17

DSCR

$2,450

Rent

$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,450 income − $2,352 expenses = $98 cash flow

Income$2,450Mortgage P&I$1,15347%Property Taxes$28812%Insurance$773%Management$29412%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%Cash Flow$98

Investment Breakdown

|

Purchase Price

$221k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,326

Downpayment

20%

$44,120

Closing costs

1%

$2,206

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,450

Total Expenses

$2,352

Mortgage P&I

47%

$1,153

Property Taxes

12%

$288

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis