REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,967 (target)

30233 Sharon Ln, Warren, MI 48088

3 beds • 2 baths • 1330 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.22% first-year return on $67,350 initial cash invested.

5.22%

Cash On Cash

8.87%

Cap Rate

1.31

DSCR

$2,967

Rent

$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,967 income − $2,674 expenses = $293 cash flow

Income$2,967Mortgage P&I$1,32545%Property Taxes$2589%Insurance$823%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$293

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,967

Total Expenses

$2,674

Mortgage P&I

45%

$1,325

Property Taxes

9%

$258

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis