REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,088 (target)

3031 Syracuse St, Dearborn, MI 48124

3 beds • 3 baths • 1396 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.61% first-year return on $76,590 initial cash invested.

4.61%

Cash On Cash

7.78%

Cap Rate

1.3

DSCR

$3,088

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,088 income − $2,794 expenses = $294 cash flow

Income$3,088Mortgage P&I$1,39245%Property Taxes$2528%Insurance$983%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%Cash Flow$294

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,088

Total Expenses

$2,794

Mortgage P&I

45%

$1,392

Property Taxes

8%

$252

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis