REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

29435 Chelsea Xing, Farmington Hills, MI 48331

3 beds • 4 baths • 3731 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $108k initial cash invested.

-12.32%

Cash On Cash

3.65%

Cap Rate

0.62

DSCR

$3,260

Rent

-$1,111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,151

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,260

Total Expenses

$4,371

Mortgage P&I

77%

$2,513

Property Taxes

24%

$784

Home Insurance

6%

$184

HOA

1%

$42

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis