REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,410 (target)

26912 W Davison, Redford, MI 48239

3 beds • 2 baths • 1036 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $65,250 initial cash invested.

1.49%

Cash On Cash

7.48%

Cap Rate

1.14

DSCR

$2,410

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,410 income − $2,329 expenses = $81 cash flow

Income$2,410Mortgage P&I$1,22551%Property Taxes$2079%Insurance$793%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$81

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,410

Total Expenses

$2,329

Mortgage P&I

51%

$1,225

Property Taxes

9%

$207

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis