REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,859 (target)

2961 Laurel Park Dr, Saginaw, MI 48603

3 beds • 3 baths • 2497 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.17% first-year return on $85,158 initial cash invested.

-3.17%

Cash On Cash

5.71%

Cap Rate

0.93

DSCR

$2,859

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $3,084 expenses = $225 out of pocket

Income$2,859Out of Pocket$225Mortgage P&I$1,63357%Property Taxes$36613%Insurance$1144%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,158

Downpayment

20%

$63,960

Closing costs

1%

$3,198

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,859

Total Expenses

$3,084

Mortgage P&I

57%

$1,633

Property Taxes

13%

$366

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis