REI Lense

REI Lense

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$2,836 (target)

2750 Bayview Dr, Pinckney, MI 48169

3 beds • 4 baths • 4428 sqft

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This property looks like a bad Long-Term investment with a projected -14.37% first-year return on $110k initial cash invested.

-14.37%

Cash On Cash

3.11%

Cap Rate

0.54

DSCR

$2,836

Rent

-$1,315

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

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,229

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,836

Total Expenses

$4,151

Mortgage P&I

89%

$2,528

Property Taxes

20%

$567

Home Insurance

7%

$201

HOA

4%

$117

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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