REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,575 (target)

329 E Lawrence Ave, Royal Oak, MI 48073

3 beds • 2 baths • 1764 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.04% first-year return on $72,639 initial cash invested.

-5.04%

Cash On Cash

5.38%

Cap Rate

0.9

DSCR

$2,575

Rent

-$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$346k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,639

Downpayment

20%

$69,180

Closing costs

1%

$3,459

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,575

Total Expenses

$2,880

Mortgage P&I

67%

$1,728

Property Taxes

14%

$360

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis