REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,673 (target)

3310 26th St, Allegan, MI 49328

3 beds • 2 baths • 2506 sqft

$1,211,700

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -24.18% first-year return on $254k initial cash invested.

-24.18%

Cash On Cash

1.15%

Cap Rate

0.19

DSCR

$2,673

Rent

-$5,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,673 income − $7,800 expenses = $5,127 out of pocket

Income$2,673Out of Pocket$5,127Mortgage P&I$6,153230%Property Taxes$49719%Insurance$45517%Management$26710%CapEx$1345%Vacancy$1606%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$1212k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$242k

Closing costs

1%

$12,117

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,673

Total Expenses

$7,800

Mortgage P&I

230%

$6,153

Property Taxes

19%

$497

Home Insurance

17%

$455

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis