REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,927 (target)

3360 Alice St, Dearborn, MI 48124

3 beds • 2 baths • 1881 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.64% first-year return on $49,350 initial cash invested.

-5.64%

Cash On Cash

5.84%

Cap Rate

0.89

DSCR

$1,927

Rent

-$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,927 income − $2,159 expenses = $232 out of pocket

Income$1,927Out of Pocket$232Mortgage P&I$1,27966%Property Taxes$29715%Insurance$824%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,927

Total Expenses

$2,159

Mortgage P&I

66%

$1,279

Property Taxes

15%

$297

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis