REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,845 (target)

34283 Aspen Park Dr, Chesterfield, MI 48047

3 beds • 3 baths • 4154 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.13% first-year return on $109k initial cash invested.

4.13%

Cash On Cash

7.81%

Cap Rate

1.25

DSCR

$4,845

Rent

$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,845 income − $4,469 expenses = $376 cash flow

Income$4,845Mortgage P&I$2,25447%Property Taxes$4068%Insurance$1543%HOA$8Management$58112%CapEx$1944%Vacancy$1453%Maintenance$1944%Other$53311%Cash Flow$376

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,780

Closing costs

1%

$4,339

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,845

Total Expenses

$4,469

Mortgage P&I

47%

$2,254

Property Taxes

8%

$406

Home Insurance

3%

$154

HOA

0%

$8

Property Management

12%

$581

CapEx

4%

$194

Vacancy

3%

$145

Maintenance

4%

$194

Other

11%

$533

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis