REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,000 (target)

3186 E Grand Blanc Rd, Grand Blanc, MI 48439

3 beds • 3 baths • 1314 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.45% first-year return on $70,479 initial cash invested.

-6.45%

Cash On Cash

5.09%

Cap Rate

0.78

DSCR

$2,000

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,000 income − $2,379 expenses = $379 out of pocket

Income$2,000Out of Pocket$379Mortgage P&I$1,35968%Property Taxes$25213%Insurance$884%Management$24012%CapEx$804%Vacancy$603%Maintenance$804%Other$22011%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,000

Total Expenses

$2,379

Mortgage P&I

68%

$1,359

Property Taxes

13%

$252

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$240

CapEx

4%

$80

Vacancy

3%

$60

Maintenance

4%

$80

Other

11%

$220

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis