REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$7,203 (target)

2566 Harrington Rd, Rochester Hills, MI 48307

3 beds • 3 baths • 3373 sqft

Email

This property could be a profitable Mid-Term investment with a projected 24.9% first-year return on $103k initial cash invested.

24.9%

Cash On Cash

13.13%

Cap Rate

2.21

DSCR

$7,203

Rent

$2,136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,203 income − $5,067 expenses = $2,136 cash flow

Income$7,203Mortgage P&I$2,00228%Property Taxes$4426%Insurance$1752%Management$86412%CapEx$2884%Vacancy$2163%Maintenance$2884%Other$79211%Cash Flow$2,136

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,900

Closing costs

1%

$4,045

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$7,203

Total Expenses

$5,067

Mortgage P&I

28%

$2,002

Property Taxes

6%

$442

Home Insurance

2%

$175

HOA

0%

$0

Property Management

12%

$864

CapEx

4%

$288

Vacancy

3%

$216

Maintenance

4%

$288

Other

11%

$792

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis