REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,529 (target)

2820 Tulane Dr, Lansing, MI 48912

3 beds • 2 baths • 1596 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.75% first-year return on $70,290 initial cash invested.

-5.75%

Cash On Cash

4.85%

Cap Rate

0.81

DSCR

$2,529

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,529 income − $2,866 expenses = $337 out of pocket

Income$2,529Out of Pocket$337Mortgage P&I$1,24349%Property Taxes$67127%Insurance$934%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,529

Total Expenses

$2,866

Mortgage P&I

49%

$1,243

Property Taxes

27%

$671

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis