REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,797 (target)

320 Charlevoix St, Commerce Township, MI 48382

3 beds • 4 baths • 2667 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.13% first-year return on $107k initial cash invested.

4.13%

Cash On Cash

7.82%

Cap Rate

1.26

DSCR

$4,797

Rent

$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,797 income − $4,430 expenses = $367 cash flow

Income$4,797Mortgage P&I$2,19146%Property Taxes$45710%Insurance$1503%Management$57612%CapEx$1924%Vacancy$1443%Maintenance$1924%Other$52811%Cash Flow$367

Investment Breakdown

|

Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,380

Closing costs

1%

$4,219

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,797

Total Expenses

$4,430

Mortgage P&I

46%

$2,191

Property Taxes

10%

$457

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$576

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$528

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis