REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2335 Hawkins Ave, Royal Oak, MI 48073

3 beds • 2 baths • 2055 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.71% first-year return on $110k initial cash invested.

-0.71%

Cash On Cash

6.33%

Cap Rate

1.06

DSCR

$4,680

Rent

-$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,420

Closing costs

1%

$4,371

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,680

Total Expenses

$4,745

Mortgage P&I

47%

$2,185

Property Taxes

17%

$813

Home Insurance

3%

$156

HOA

0%

$0

Property Management

12%

$562

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$515

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis