REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,443 (target)

32515 Nottingham Knls, Farmington Hills, MI 48334

3 beds • 2 baths • 1525 sqft

Email

This property might be a fair Long-Term investment with a projected 0.19% first-year return on $69,279 initial cash invested.

0.19%

Cash On Cash

6.9%

Cap Rate

1.11

DSCR

$3,443

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,443 income − $3,432 expenses = $11 cash flow

Income$3,443Mortgage P&I$1,71450%Property Taxes$59017%Insurance$1163%HOA$1173%Management$34410%CapEx$1725%Vacancy$2076%Maintenance$1725%Cash Flow$11

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,443

Total Expenses

$3,432

Mortgage P&I

50%

$1,714

Property Taxes

17%

$590

Home Insurance

3%

$116

HOA

3%

$117

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$207

Maintenance

5%

$172

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis