REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,318 (target)

2545 Powell Ave, Ann Arbor, MI 48104

3 beds • 2 baths • 1552 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $99,897 initial cash invested.

-9.45%

Cash On Cash

4.42%

Cap Rate

0.74

DSCR

$3,318

Rent

-$787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,318 income − $4,105 expenses = $787 out of pocket

Income$3,318Out of Pocket$787Mortgage P&I$2,37472%Property Taxes$72822%Insurance$1404%Management$33210%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

|

Purchase Price

$476k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,897

Downpayment

20%

$95,140

Closing costs

1%

$4,757

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,318

Total Expenses

$4,105

Mortgage P&I

72%

$2,374

Property Taxes

22%

$728

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis