REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,874 (target)

26137 Joy Rd, Dearborn Heights, MI 48127

3 beds • 2 baths • 1735 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.82% first-year return on $97,800 initial cash invested.

-5.82%

Cash On Cash

5.07%

Cap Rate

0.82

DSCR

$2,874

Rent

-$474

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,874 income − $3,348 expenses = $474 out of pocket

Income$2,874Out of Pocket$474Mortgage P&I$1,96468%Property Taxes$27410%Insurance$1335%Management$34512%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31611%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,874

Total Expenses

$3,348

Mortgage P&I

68%

$1,964

Property Taxes

10%

$274

Home Insurance

5%

$133

HOA

0%

$0

Property Management

12%

$345

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$316

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis