REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,497 (target)

27526 Bridle Hills Dr, Farmington Hills, MI 48336

3 beds • 3 baths • 3253 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.32% first-year return on $84,987 initial cash invested.

-10.32%

Cash On Cash

4.12%

Cap Rate

0.7

DSCR

$2,497

Rent

-$731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,987

Downpayment

20%

$80,940

Closing costs

1%

$4,047

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,497

Total Expenses

$3,228

Mortgage P&I

80%

$1,997

Property Taxes

17%

$418

Home Insurance

6%

$144

HOA

1%

$19

Property Management

10%

$250

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis