REI Lense

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$1,658 (target)

25865 Firwood Ave, Warren, MI 48089

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -1.09% first-year return on $36,204 initial cash invested.

-1.09%

Cash On Cash

6.77%

Cap Rate

1.05

DSCR

$1,658

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,658 income − $1,691 expenses = $33 out of pocket

Income$1,658Out of Pocket$33Mortgage P&I$92256%Property Taxes$27717%Insurance$614%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,204

Downpayment

20%

$34,480

Closing costs

1%

$1,724

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,658

Total Expenses

$1,691

Mortgage P&I

56%

$922

Property Taxes

17%

$277

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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