REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,171 (target)

3319 Valentine Rd, Lapeer, MI 48446

3 beds • 2 baths • 1600 sqft

Email

This property might be a fair Long-Term investment with a projected 1.99% first-year return on $50,757 initial cash invested.

1.99%

Cash On Cash

7.38%

Cap Rate

1.15

DSCR

$2,171

Rent

$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,171 income − $2,087 expenses = $84 cash flow

Income$2,171Mortgage P&I$1,29460%Property Taxes$1427%Insurance$864%Management$21710%CapEx$1095%Vacancy$1306%Maintenance$1095%Cash Flow$84

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,757

Downpayment

20%

$48,340

Closing costs

1%

$2,417

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,171

Total Expenses

$2,087

Mortgage P&I

60%

$1,294

Property Taxes

7%

$142

Home Insurance

4%

$86

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis