REI Lense

REI Lense

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$3,354 (target)

2388 Ava, Howell, MI 48843

3 beds • 4 baths • 1860 sqft

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This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $94,650 initial cash invested.

0.58%

Cash On Cash

6.68%

Cap Rate

1.1

DSCR

$3,354

Rent

$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,354

Total Expenses

$3,308

Mortgage P&I

55%

$1,853

Property Taxes

6%

$185

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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