REI Lense

REI Lense

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$4,326 (target)

3724 Brookfield Dr, Hudsonville, MI 49426

3 beds • 3 baths • 2200 sqft

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This property might be a fair Mid-Term investment with a projected 8.32% first-year return on $97,800 initial cash invested.

8.32%

Cash On Cash

8.55%

Cap Rate

1.46

DSCR

$4,326

Rent

$678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,326

Total Expenses

$3,648

Mortgage P&I

43%

$1,857

Property Taxes

4%

$187

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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