REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

33647 Mina Dr, Sterling Heights, MI 48312

3 beds • 2 baths • 1578 sqft

Email

This property looks like a bad Long-Term investment with a projected -2.63% first-year return on $62,433 initial cash invested.

-2.63%

Cash On Cash

5.76%

Cap Rate

0.99

DSCR

$2,355

Rent

-$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,433

Downpayment

20%

$59,460

Closing costs

1%

$2,973

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,355

Total Expenses

$2,492

Mortgage P&I

61%

$1,446

Property Taxes

14%

$337

Home Insurance

4%

$96

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis