REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,813 (target)

236 W South St, Hastings, MI 49058

3 beds • 2 baths • 1260 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $56,742 initial cash invested.

-12.9%

Cash On Cash

4.31%

Cap Rate

0.65

DSCR

$1,813

Rent

-$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,813 income − $2,423 expenses = $610 out of pocket

Income$1,813Out of Pocket$610Mortgage P&I$1,48982%Property Taxes$36620%Insurance$965%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,742

Downpayment

20%

$54,040

Closing costs

1%

$2,702

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,813

Total Expenses

$2,423

Mortgage P&I

82%

$1,489

Property Taxes

20%

$366

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis