REI Lense

REI Lense

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$1,547 (target)

26000 Fernwood St, Roseville, MI 48066

3 beds • 2 baths • 1497 sqft

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This property looks like a bad Long-Term investment with a projected -1.67% first-year return on $36,729 initial cash invested.

-1.67%

Cash On Cash

6.81%

Cap Rate

1.03

DSCR

$1,547

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,547 income − $1,598 expenses = $51 out of pocket

Income$1,547Out of Pocket$51Mortgage P&I$96662%Property Taxes$16911%Insurance$614%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,729

Downpayment

20%

$34,980

Closing costs

1%

$1,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,547

Total Expenses

$1,598

Mortgage P&I

62%

$966

Property Taxes

11%

$169

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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