REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,950 (target)

2288 N Long Lake Rd, Fenton, MI 48430

3 beds • 3 baths • 1974 sqft

Email

This property looks like a bad Mid-Term investment with a projected -15.03% first-year return on $187k initial cash invested.

-15.03%

Cash On Cash

2.85%

Cap Rate

0.47

DSCR

$3,950

Rent

-$2,347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,950 income − $6,297 expenses = $2,347 out of pocket

Income$3,950Out of Pocket$2,347Mortgage P&I$4,103104%Property Taxes$55414%Insurance$2988%Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%

Investment Breakdown

|

Purchase Price

$806k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$187k

Downpayment

20%

$161k

Closing costs

1%

$8,064

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,950

Total Expenses

$6,297

Mortgage P&I

104%

$4,103

Property Taxes

14%

$554

Home Insurance

8%

$298

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis