REI Lense

REI Lense

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$1,572 (target)

3209 Mount Vernon Rd, Port Huron, MI 48060

3 beds • 2 baths • 1878 sqft

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This property looks like a bad Long-Term investment with a projected -10.24% first-year return on $49,350 initial cash invested.

-10.24%

Cash On Cash

4.74%

Cap Rate

0.73

DSCR

$1,572

Rent

-$421

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,572 income − $1,993 expenses = $421 out of pocket

Income$1,572Out of Pocket$421Mortgage P&I$1,27081%Property Taxes$23215%Insurance$825%Management$15710%CapEx$795%Vacancy$946%Maintenance$795%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,572

Total Expenses

$1,993

Mortgage P&I

81%

$1,270

Property Taxes

15%

$232

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$79

Vacancy

6%

$94

Maintenance

5%

$79

Other

0%

$0

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