REI Lense

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$4,022 (target)

3172 Cedar Crest Dr, Troy, MI 48083

3 beds • 2 baths • 1540 sqft

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This property looks like a bad Mid-Term investment with a projected -2.43% first-year return on $112k initial cash invested.

-2.43%

Cash On Cash

5.79%

Cap Rate

0.97

DSCR

$4,022

Rent

-$227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,022 income − $4,249 expenses = $227 out of pocket

Income$4,022Out of Pocket$227Mortgage P&I$2,23055%Property Taxes$50112%Insurance$1504%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44211%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,700

Closing costs

1%

$4,485

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,022

Total Expenses

$4,249

Mortgage P&I

55%

$2,230

Property Taxes

12%

$501

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$442

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