REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,602 (target)

2275 E Lake Lansing Rd, East Lansing, MI 48823

3 beds • 2 baths • 1453 sqft

Email

This property could be a profitable Mid-Term investment with a projected 17.62% first-year return on $63,129 initial cash invested.

17.62%

Cash On Cash

12.36%

Cap Rate

1.94

DSCR

$3,602

Rent

$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,602

Total Expenses

$2,675

Mortgage P&I

32%

$1,142

Property Taxes

7%

$234

Home Insurance

2%

$75

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis