REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,869 (target)

2349 Lakeshore Dr, Muskegon, MI 49441

3 beds • 2 baths • 1539 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.27% first-year return on $56,217 initial cash invested.

-4.27%

Cash On Cash

5.38%

Cap Rate

0.92

DSCR

$1,869

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,217

Downpayment

20%

$53,540

Closing costs

1%

$2,677

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,869

Total Expenses

$2,069

Mortgage P&I

70%

$1,308

Property Taxes

10%

$180

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis