REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,226 (target)

2903 106th Ave, Allegan, MI 49010

3 beds • 2 baths • 2632 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.21% first-year return on $94,479 initial cash invested.

-12.21%

Cash On Cash

3.6%

Cap Rate

0.61

DSCR

$2,226

Rent

-$961

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,479

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,226

Total Expenses

$3,187

Mortgage P&I

99%

$2,198

Property Taxes

11%

$252

Home Insurance

7%

$158

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis