REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,859 (target)

23541 Meadowlark Ave, Oak Park, MI 48237

3 beds • 2 baths • 1687 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.13% first-year return on $73,503 initial cash invested.

-1.13%

Cash On Cash

6.86%

Cap Rate

1.03

DSCR

$2,859

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $2,928 expenses = $69 out of pocket

Income$2,859Out of Pocket$69Mortgage P&I$1,46551%Property Taxes$39814%Insurance$943%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

|

Purchase Price

$264k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,503

Downpayment

20%

$52,860

Closing costs

1%

$2,643

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,859

Total Expenses

$2,928

Mortgage P&I

51%

$1,465

Property Taxes

14%

$398

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis