REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,886 (target)

32500 Stricker Dr, Warren, MI 48088

3 beds • 3 baths • 2058 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.06% first-year return on $52,374 initial cash invested.

-5.06%

Cash On Cash

5.52%

Cap Rate

0.9

DSCR

$1,886

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,886 income − $2,107 expenses = $221 out of pocket

Income$1,886Out of Pocket$221Mortgage P&I$1,27468%Property Taxes$24313%Insurance$1005%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,374

Downpayment

20%

$49,880

Closing costs

1%

$2,494

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,886

Total Expenses

$2,107

Mortgage P&I

68%

$1,274

Property Taxes

13%

$243

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis