REI Lense

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$3,952 (target)

246 Nicklas Ct, Oxford, MI 48371

3 beds • 3 baths • 2794 sqft

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This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $97,359 initial cash invested.

4.03%

Cash On Cash

7.43%

Cap Rate

1.26

DSCR

$3,952

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,359

Downpayment

20%

$75,580

Closing costs

1%

$3,779

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,952

Total Expenses

$3,625

Mortgage P&I

47%

$1,854

Property Taxes

7%

$270

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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