REI Lense

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$2,176 (target)

301 S Lincoln St, Bay City, MI 48708

3 beds • 2 baths • 1432 sqft

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This property could be a profitable Mid-Term investment with a projected 11.85% first-year return on $47,001 initial cash invested.

11.85%

Cash On Cash

11.17%

Cap Rate

1.75

DSCR

$2,176

Rent

$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$138k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,001

Downpayment

20%

$27,620

Closing costs

1%

$1,381

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,176

Total Expenses

$1,712

Mortgage P&I

34%

$735

Property Taxes

8%

$175

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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