REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,012 (target)

308 Emily St, Flushing, MI 48433

3 beds • 3 baths • 2312 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.09% first-year return on $59,808 initial cash invested.

-10.09%

Cash On Cash

4.76%

Cap Rate

0.74

DSCR

$2,012

Rent

-$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,012 income − $2,515 expenses = $503 out of pocket

Income$2,012Out of Pocket$503Mortgage P&I$1,53176%Property Taxes$37218%Insurance$884%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,808

Downpayment

20%

$56,960

Closing costs

1%

$2,848

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,012

Total Expenses

$2,515

Mortgage P&I

76%

$1,531

Property Taxes

18%

$372

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis