REI Lense

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$3,310 (target)

300 Hidden Forest Ln, Battle Creek, MI 49014

3 beds • 2 baths • 1656 sqft

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This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $82,134 initial cash invested.

0.48%

Cash On Cash

7.12%

Cap Rate

1.1

DSCR

$3,310

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,310 income − $3,277 expenses = $33 cash flow

Income$3,310Mortgage P&I$1,64650%Property Taxes$48915%Insurance$181%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$33

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,134

Downpayment

20%

$61,080

Closing costs

1%

$3,054

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,310

Total Expenses

$3,277

Mortgage P&I

50%

$1,646

Property Taxes

15%

$489

Home Insurance

1%

$18

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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