REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2418 Belaire Dr, Lansing, MI 48911

3 beds • 3 baths • 2952 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.68% first-year return on $74,616 initial cash invested.

4.68%

Cash On Cash

7.76%

Cap Rate

1.31

DSCR

$3,148

Rent

$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,616

Downpayment

20%

$53,920

Closing costs

1%

$2,696

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,148

Total Expenses

$2,857

Mortgage P&I

42%

$1,326

Property Taxes

12%

$365

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis