REI Lense

REI Lense

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$2,358 (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 Mid-Term investment with a projected -0.48% first-year return on $67,350 initial cash invested.

-0.48%

Cash On Cash

6.83%

Cap Rate

1.05

DSCR

$2,358

Rent

-$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,358 income − $2,385 expenses = $27 out of pocket

Income$2,358Out of Pocket$27Mortgage P&I$1,27054%Property Taxes$23210%Insurance$823%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,358

Total Expenses

$2,385

Mortgage P&I

54%

$1,270

Property Taxes

10%

$232

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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