REI Lense

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$2,750 (target)

360 Park Ln, Linden, MI 48451

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Mid-Term investment with a projected -2.58% first-year return on $79,467 initial cash invested.

-2.58%

Cash On Cash

5.95%

Cap Rate

0.96

DSCR

$2,750

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,750 income − $2,921 expenses = $171 out of pocket

Income$2,750Out of Pocket$171Mortgage P&I$1,51355%Property Taxes$38114%Insurance$933%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,467

Downpayment

20%

$58,540

Closing costs

1%

$2,927

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,750

Total Expenses

$2,921

Mortgage P&I

55%

$1,513

Property Taxes

14%

$381

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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