REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,868 (target)

3738 Alderdale Dr, Sterling Heights, MI 48310

3 beds • 2 baths • 3306 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.74% first-year return on $87,300 initial cash invested.

2.74%

Cash On Cash

7.67%

Cap Rate

1.2

DSCR

$3,868

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,868 income − $3,669 expenses = $199 cash flow

Income$3,868Mortgage P&I$1,75645%Property Taxes$48212%Insurance$1163%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%Cash Flow$199

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,868

Total Expenses

$3,669

Mortgage P&I

45%

$1,756

Property Taxes

12%

$482

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis