REI Lense

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$2,081 (target)

2741 Longmeadow Dr, Trenton, MI 48183

3 beds • 2 baths • 2054 sqft

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This property looks like a bad Long-Term investment with a projected -5.85% first-year return on $56,364 initial cash invested.

-5.85%

Cash On Cash

5.3%

Cap Rate

0.87

DSCR

$2,081

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,081 income − $2,356 expenses = $275 out of pocket

Income$2,081Out of Pocket$275Mortgage P&I$1,35665%Property Taxes$36518%Insurance$945%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,364

Downpayment

20%

$53,680

Closing costs

1%

$2,684

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,081

Total Expenses

$2,356

Mortgage P&I

65%

$1,356

Property Taxes

18%

$365

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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