REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,754 (target)

314 Barlow St, Traverse City, MI 49686

3 beds • 2 baths • 1380 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.26% first-year return on $74,046 initial cash invested.

-4.26%

Cash On Cash

5.52%

Cap Rate

0.93

DSCR

$2,754

Rent

-$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,754 income − $3,017 expenses = $263 out of pocket

Income$2,754Out of Pocket$263Mortgage P&I$1,74863%Property Taxes$31712%Insurance$2369%Management$27510%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,046

Downpayment

20%

$70,520

Closing costs

1%

$3,526

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,754

Total Expenses

$3,017

Mortgage P&I

63%

$1,748

Property Taxes

12%

$317

Home Insurance

9%

$236

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis