REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,587 (target)

26095 Powers Ave, Dearborn Heights, MI 48125

3 beds • 2 baths • 1248 sqft

Email

This property might be a fair Long-Term investment with a projected 8.79% first-year return on $23,079 initial cash invested.

8.79%

Cash On Cash

9.26%

Cap Rate

1.41

DSCR

$1,587

Rent

$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,587 income − $1,418 expenses = $169 cash flow

Income$1,587Mortgage P&I$60038%Property Taxes$35022%Insurance$564%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%Cash Flow$169

Investment Breakdown

|

Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,079

Downpayment

20%

$21,980

Closing costs

1%

$1,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,587

Total Expenses

$1,418

Mortgage P&I

38%

$600

Property Taxes

22%

$350

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis