REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,550 (target)

2223 Joseph St, Niles, MI 49120

3 beds • 3 baths • 1229 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.53% first-year return on $87,720 initial cash invested.

4.53%

Cash On Cash

7.65%

Cap Rate

1.29

DSCR

$3,550

Rent

$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,720

Downpayment

20%

$66,400

Closing costs

1%

$3,320

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,550

Total Expenses

$3,219

Mortgage P&I

46%

$1,644

Property Taxes

7%

$250

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis