REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,966 (target)

3297 Oak Grove Rd, Howell, MI 48855

3 beds • 3 baths • 1800 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.35% first-year return on $113k initial cash invested.

-16.35%

Cash On Cash

2.84%

Cap Rate

0.47

DSCR

$1,966

Rent

-$1,541

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,385

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,966

Total Expenses

$3,507

Mortgage P&I

138%

$2,718

Property Taxes

5%

$90

Home Insurance

10%

$188

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis