REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,436 (target)

2426 Charles Ave, Kalamazoo, MI 49048

3 beds • 2 baths • 1487 sqft

Email

This property could be a profitable Mid-Term investment with a projected 14.04% first-year return on $50,529 initial cash invested.

14.04%

Cash On Cash

12.12%

Cap Rate

1.78

DSCR

$2,436

Rent

$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,436 income − $1,845 expenses = $591 cash flow

Income$2,436Mortgage P&I$87736%Property Taxes$874%Insurance$542%Management$29212%CapEx$974%Vacancy$733%Maintenance$974%Other$26811%Cash Flow$591

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,529

Downpayment

20%

$30,980

Closing costs

1%

$1,549

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,436

Total Expenses

$1,845

Mortgage P&I

36%

$877

Property Taxes

4%

$87

Home Insurance

2%

$54

HOA

0%

$0

Property Management

12%

$292

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$268

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis