REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,977 (target)

37921 W Meadowhill Dr, Northville, MI 48167

3 beds • 3 baths • 3488 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.14% first-year return on $122k initial cash invested.

-0.14%

Cash On Cash

6.68%

Cap Rate

1.07

DSCR

$4,977

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,977 income − $4,991 expenses = $14 out of pocket

Income$4,977Out of Pocket$14Mortgage P&I$2,57552%Property Taxes$52511%Insurance$1804%HOA$20Management$59712%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54711%

Investment Breakdown

|

Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,160

Closing costs

1%

$4,958

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,977

Total Expenses

$4,991

Mortgage P&I

52%

$2,575

Property Taxes

11%

$525

Home Insurance

4%

$180

HOA

0%

$20

Property Management

12%

$597

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$547

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis