REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,258 (target)

3230 Lakeview Dr, Allegan, MI 49010

3 beds • 2 baths • 2074 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.81% first-year return on $128k initial cash invested.

-8.81%

Cash On Cash

3.98%

Cap Rate

0.68

DSCR

$3,258

Rent

-$942

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,258

Total Expenses

$4,200

Mortgage P&I

78%

$2,553

Property Taxes

11%

$356

Home Insurance

6%

$184

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis