REI Lense

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$4,281 (target)

25 E Oakwood Rd, Oxford, MI 48371

3 beds • 2 baths • 3100 sqft

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This property might be a fair Mid-Term investment with a projected 7.28% first-year return on $94,650 initial cash invested.

7.28%

Cash On Cash

8.5%

Cap Rate

1.41

DSCR

$4,281

Rent

$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,281 income − $3,707 expenses = $574 cash flow

Income$4,281Mortgage P&I$1,83943%Property Taxes$2857%Insurance$1283%Management$51412%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%Cash Flow$574

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,650

Downpayment

20%

$73,000

Closing costs

1%

$3,650

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,281

Total Expenses

$3,707

Mortgage P&I

43%

$1,839

Property Taxes

7%

$285

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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