REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,715 (target)

32453 Hiveley St, Westland, MI 48186

3 beds • 2 baths • 2149 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.17% first-year return on $47,313 initial cash invested.

-5.17%

Cash On Cash

5.77%

Cap Rate

0.9

DSCR

$1,715

Rent

-$204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,715 income − $1,919 expenses = $204 out of pocket

Income$1,715Out of Pocket$204Mortgage P&I$1,20270%Property Taxes$20012%Insurance$704%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,313

Downpayment

20%

$45,060

Closing costs

1%

$2,253

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,715

Total Expenses

$1,919

Mortgage P&I

70%

$1,202

Property Taxes

12%

$200

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis