REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,688 (target)

36629 Gilchrist St, Westland, MI 48186

3 beds • 2 baths • 1644 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.92% first-year return on $73,566 initial cash invested.

-1.92%

Cash On Cash

6.1%

Cap Rate

0.99

DSCR

$2,688

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $2,806 expenses = $118 out of pocket

Income$2,688Out of Pocket$118Mortgage P&I$1,35550%Property Taxes$43916%Insurance$964%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$2,806

Mortgage P&I

50%

$1,355

Property Taxes

16%

$439

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis