REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,320 (target)

2714 Silverstone Ln, Waterford, MI 48329

3 beds • 2 baths • 1664 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.05% first-year return on $84,150 initial cash invested.

4.05%

Cash On Cash

7.57%

Cap Rate

1.27

DSCR

$3,320

Rent

$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,320 income − $3,036 expenses = $284 cash flow

Income$3,320Mortgage P&I$1,57147%Property Taxes$2207%Insurance$1103%HOA$6Management$39812%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%Cash Flow$284

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,320

Total Expenses

$3,036

Mortgage P&I

47%

$1,571

Property Taxes

7%

$220

Home Insurance

3%

$110

HOA

0%

$6

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis