REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3687 Wentworth Dr SW, Wyoming, MI 49519

3 beds • 3 baths • 2200 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.08% first-year return on $118k initial cash invested.

-8.08%

Cash On Cash

4.09%

Cap Rate

0.71

DSCR

$3,046

Rent

-$793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,046

Total Expenses

$3,839

Mortgage P&I

75%

$2,288

Property Taxes

11%

$349

Home Insurance

5%

$166

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis