REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,616 (target)

3006 Hawthorne Dr, Flint, MI 48503

3 beds • 2 baths • 2556 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $49,770 initial cash invested.

-11.21%

Cash On Cash

4.62%

Cap Rate

0.7

DSCR

$1,616

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,616 income − $2,081 expenses = $465 out of pocket

Income$1,616Out of Pocket$465Mortgage P&I$1,29780%Property Taxes$28117%Insurance$825%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

|

Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,770

Downpayment

20%

$47,400

Closing costs

1%

$2,370

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,616

Total Expenses

$2,081

Mortgage P&I

80%

$1,297

Property Taxes

17%

$281

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis