REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,203 (target)

2909 Hideaway Beach Dr, Brighton, MI 48114

3 beds • 2 baths • 1879 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.51% first-year return on $130k initial cash invested.

-10.51%

Cash On Cash

4.09%

Cap Rate

0.68

DSCR

$3,203

Rent

-$1,139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$619k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,203

Total Expenses

$4,342

Mortgage P&I

96%

$3,087

Property Taxes

6%

$206

Home Insurance

7%

$217

HOA

0%

$0

Property Management

10%

$320

CapEx

5%

$160

Vacancy

6%

$192

Maintenance

5%

$160

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis