REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,056 (target)

2468 Knollview St SW, Wyoming, MI 49519

3 beds • 2 baths • 1419 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $80,979 initial cash invested.

2.34%

Cash On Cash

7.2%

Cap Rate

1.18

DSCR

$3,056

Rent

$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,056 income − $2,898 expenses = $158 cash flow

Income$3,056Mortgage P&I$1,51950%Property Taxes$2358%Insurance$1053%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$158

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,056

Total Expenses

$2,898

Mortgage P&I

50%

$1,519

Property Taxes

8%

$235

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis