REI Lense

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$3,522 (target)

27901 Grobbel Dr, Warren, MI 48092

3 beds • 3 baths • 2850 sqft

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This property looks like a bad Mid-Term investment with a projected -0.75% first-year return on $81,756 initial cash invested.

-0.75%

Cash On Cash

7%

Cap Rate

1.05

DSCR

$3,522

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,522 income − $3,573 expenses = $51 out of pocket

Income$3,522Out of Pocket$51Mortgage P&I$1,68248%Property Taxes$58817%Insurance$1053%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,756

Downpayment

20%

$60,720

Closing costs

1%

$3,036

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,522

Total Expenses

$3,573

Mortgage P&I

48%

$1,682

Property Taxes

17%

$588

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

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