REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,732 (target)

27869 Old Colony St, Farmington Hills, MI 48334

3 beds • 3 baths • 2551 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.31% first-year return on $130k initial cash invested.

-2.31%

Cash On Cash

5.75%

Cap Rate

0.98

DSCR

$4,732

Rent

-$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,340

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,732

Total Expenses

$4,983

Mortgage P&I

55%

$2,620

Property Taxes

12%

$558

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$568

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$521

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis