REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,774 (target)

3311 Lynne Ave, Flint, MI 48506

3 beds • 2 baths • 2337 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.04% first-year return on $67,329 initial cash invested.

-6.04%

Cash On Cash

5.07%

Cap Rate

0.79

DSCR

$1,774

Rent

-$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,774 income − $2,113 expenses = $339 out of pocket

Income$1,774Out of Pocket$339Mortgage P&I$1,26171%Property Taxes$1679%Insurance$825%Management$21312%CapEx$714%Vacancy$533%Maintenance$714%Other$19511%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,329

Downpayment

20%

$46,980

Closing costs

1%

$2,349

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,774

Total Expenses

$2,113

Mortgage P&I

71%

$1,261

Property Taxes

9%

$167

Home Insurance

5%

$82

HOA

0%

$0

Property Management

12%

$213

CapEx

4%

$71

Vacancy

3%

$53

Maintenance

4%

$71

Other

11%

$195

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis