REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,898 (target)

29138 Apolonia Dr, Warren, MI 48092

3 beds • 3 baths • 1427 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.3% first-year return on $77,094 initial cash invested.

-3.3%

Cash On Cash

6.16%

Cap Rate

0.94

DSCR

$2,898

Rent

-$212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,898 income − $3,110 expenses = $212 out of pocket

Income$2,898Out of Pocket$212Mortgage P&I$1,54053%Property Taxes$50217%Insurance$823%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%

Investment Breakdown

|

Purchase Price

$281k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,094

Downpayment

20%

$56,280

Closing costs

1%

$2,814

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,898

Total Expenses

$3,110

Mortgage P&I

53%

$1,540

Property Taxes

17%

$502

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis