REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,049 (target)

226 E Lakeview Ave, Flint, MI 48503

3 beds • 2 baths • 876 sqft

Email

This property could be a profitable Long-Term investment with a projected 37.99% first-year return on $11,466 initial cash invested.

37.99%

Cash On Cash

15.85%

Cap Rate

2.36

DSCR

$1,049

Rent

$363

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,049 income − $686 expenses = $363 cash flow

Income$1,049Mortgage P&I$30629%Property Taxes$929%Insurance$162%Management$10510%CapEx$525%Vacancy$636%Maintenance$525%Cash Flow$363

Investment Breakdown

|

Purchase Price

$54,600

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,466

Downpayment

20%

$10,920

Closing costs

1%

$546

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,049

Total Expenses

$686

Mortgage P&I

29%

$306

Property Taxes

9%

$92

Home Insurance

2%

$16

HOA

0%

$0

Property Management

10%

$105

CapEx

5%

$52

Vacancy

6%

$63

Maintenance

5%

$52

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis