REI Lense

REI Lense

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$1,770 (target)

2696 Universal Dr, Pinckney, MI 48169

3 beds • 2 baths • 1092 sqft

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This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $61,656 initial cash invested.

-9.01%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$1,770

Rent

-$463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,656

Downpayment

20%

$58,720

Closing costs

1%

$2,936

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,770

Total Expenses

$2,233

Mortgage P&I

83%

$1,467

Property Taxes

11%

$202

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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