REI Lense

REI Lense

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$1,560 (target)

284 Stanford Ln, Jackson, MI 49203

3 beds • 2 baths • 1807 sqft

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This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $52,479 initial cash invested.

-11.55%

Cash On Cash

4.36%

Cap Rate

0.68

DSCR

$1,560

Rent

-$505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,560 income − $2,065 expenses = $505 out of pocket

Income$1,560Out of Pocket$505Mortgage P&I$1,33686%Property Taxes$23515%Insurance$886%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,560

Total Expenses

$2,065

Mortgage P&I

86%

$1,336

Property Taxes

15%

$235

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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