REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,322 (target)

3825 Spruce Dr, Lewiston, MI 49756

3 beds • 2 baths • 2398 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.38% first-year return on $55,023 initial cash invested.

9.38%

Cash On Cash

9.96%

Cap Rate

1.56

DSCR

$2,322

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,023

Downpayment

20%

$35,260

Closing costs

1%

$1,763

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,322

Total Expenses

$1,892

Mortgage P&I

40%

$940

Property Taxes

4%

$92

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$255

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis