REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,173 (target)

22808 Greenview Rd, Southfield, MI 48075

3 beds • 3 baths • 1724 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.48% first-year return on $63,945 initial cash invested.

-12.48%

Cash On Cash

3.9%

Cap Rate

0.64

DSCR

$2,173

Rent

-$665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,173 income − $2,838 expenses = $665 out of pocket

Income$2,173Out of Pocket$665Mortgage P&I$1,54671%Property Taxes$62229%Insurance$1055%Management$21710%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,945

Downpayment

20%

$60,900

Closing costs

1%

$3,045

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,173

Total Expenses

$2,838

Mortgage P&I

71%

$1,546

Property Taxes

29%

$622

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis