REI Lense

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$3,034 (target)

2371 Yost Blvd, Ann Arbor, MI 48104

3 beds • 2 baths • 2290 sqft

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This property looks like a bad Long-Term investment with a projected -2.32% first-year return on $76,545 initial cash invested.

-2.32%

Cash On Cash

6.01%

Cap Rate

1

DSCR

$3,034

Rent

-$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,034 income − $3,182 expenses = $148 out of pocket

Income$3,034Out of Pocket$148Mortgage P&I$1,82160%Property Taxes$44115%Insurance$1314%Management$30310%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,545

Downpayment

20%

$72,900

Closing costs

1%

$3,645

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,034

Total Expenses

$3,182

Mortgage P&I

60%

$1,821

Property Taxes

15%

$441

Home Insurance

4%

$131

HOA

0%

$0

Property Management

10%

$303

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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