REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,276 (target)

2540 Luella Ave, Saginaw, MI 48603

3 beds • 2 baths • 1056 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.65% first-year return on $32,550 initial cash invested.

-4.65%

Cash On Cash

6.15%

Cap Rate

0.93

DSCR

$1,276

Rent

-$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,276 income − $1,402 expenses = $126 out of pocket

Income$1,276Out of Pocket$126Mortgage P&I$85667%Property Taxes$15912%Insurance$544%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,550

Downpayment

20%

$31,000

Closing costs

1%

$1,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,276

Total Expenses

$1,402

Mortgage P&I

67%

$856

Property Taxes

12%

$159

Home Insurance

4%

$54

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis