REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,483 (target)

303 Regent St SE, Kentwood, MI 49548

3 beds • 2 baths • 2084 sqft

Email

This property might be a fair Mid-Term investment with a projected 2% first-year return on $89,904 initial cash invested.

2%

Cash On Cash

7.24%

Cap Rate

1.16

DSCR

$3,483

Rent

$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,483 income − $3,333 expenses = $150 cash flow

Income$3,483Mortgage P&I$1,77851%Property Taxes$2517%Insurance$1213%Management$41812%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%Cash Flow$150

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,904

Downpayment

20%

$68,480

Closing costs

1%

$3,424

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,483

Total Expenses

$3,333

Mortgage P&I

51%

$1,778

Property Taxes

7%

$251

Home Insurance

3%

$121

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis