REI Lense

REI Lense

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$4,254 (target)

2750 Bayview Dr, Pinckney, MI 48169

3 beds • 4 baths • 4428 sqft

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This property looks like a bad Mid-Term investment with a projected -5.68% first-year return on $128k initial cash invested.

-5.68%

Cash On Cash

4.8%

Cap Rate

0.83

DSCR

$4,254

Rent

-$605

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$523k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,229

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,254

Total Expenses

$4,859

Mortgage P&I

59%

$2,528

Property Taxes

13%

$567

Home Insurance

5%

$201

HOA

3%

$117

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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