REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,761 (target)

2301 Wolf Creek Hwy, Adrian, MI 49221

3 beds • 3 baths • 2630 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.43% first-year return on $88,536 initial cash invested.

-18.43%

Cash On Cash

2.47%

Cap Rate

0.41

DSCR

$1,761

Rent

-$1,360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,761 income − $3,121 expenses = $1,360 out of pocket

Income$1,761Out of Pocket$1,360Mortgage P&I$2,140122%Property Taxes$37321%Insurance$1509%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,536

Downpayment

20%

$84,320

Closing costs

1%

$4,216

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,761

Total Expenses

$3,121

Mortgage P&I

122%

$2,140

Property Taxes

21%

$373

Home Insurance

9%

$150

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis