REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,872 (target)

292 Norlynn Dr, Howell, MI 48843

3 beds • 2 baths • 2758 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.35% first-year return on $136k initial cash invested.

-15.35%

Cash On Cash

3.13%

Cap Rate

0.51

DSCR

$2,872

Rent

-$1,735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,872 income − $4,607 expenses = $1,735 out of pocket

Income$2,872Out of Pocket$1,735Mortgage P&I$3,276114%Property Taxes$35812%Insurance$2268%Management$28710%CapEx$1445%Vacancy$1726%Maintenance$1445%

Investment Breakdown

|

Purchase Price

$646k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$129k

Closing costs

1%

$6,459

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,872

Total Expenses

$4,607

Mortgage P&I

114%

$3,276

Property Taxes

12%

$358

Home Insurance

8%

$226

HOA

0%

$0

Property Management

10%

$287

CapEx

5%

$144

Vacancy

6%

$172

Maintenance

5%

$144

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis