REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,886 (target)

24445 Kolleen Ln, Clinton Township, MI 48035

3 beds • 4 baths • 3216 sqft

Email

This property could be a profitable Mid-Term investment with a projected 10.71% first-year return on $89,321 initial cash invested.

10.71%

Cash On Cash

10.21%

Cap Rate

1.52

DSCR

$4,886

Rent

$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,886 income − $4,089 expenses = $797 cash flow

Income$4,886Mortgage P&I$1,89839%Property Taxes$4128%Insurance$1192%Management$58612%CapEx$1954%Vacancy$1473%Maintenance$1954%Other$53711%Cash Flow$797

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,321

Downpayment

20%

$67,925

Closing costs

1%

$3,396

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,886

Total Expenses

$4,089

Mortgage P&I

39%

$1,898

Property Taxes

8%

$412

Home Insurance

2%

$119

HOA

0%

$0

Property Management

12%

$586

CapEx

4%

$195

Vacancy

3%

$147

Maintenance

4%

$195

Other

11%

$537

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis