REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,279 (target)

22806 Carleton Ave, Southfield, MI 48033

3 beds • 2 baths • 1712 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $53,823 initial cash invested.

-10.46%

Cash On Cash

4.78%

Cap Rate

0.74

DSCR

$2,279

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,279 income − $2,748 expenses = $469 out of pocket

Income$2,279Out of Pocket$469Mortgage P&I$1,37660%Property Taxes$69931%Insurance$804%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,279

Total Expenses

$2,748

Mortgage P&I

60%

$1,376

Property Taxes

31%

$699

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis