REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,600 (target)

3846 Spanish Oaks Dr, West Bloomfield, MI 48323

3 beds • 4 baths • 3571 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.12% first-year return on $168k initial cash invested.

-11.12%

Cash On Cash

4.1%

Cap Rate

0.67

DSCR

$4,600

Rent

-$1,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,600 income − $6,157 expenses = $1,557 out of pocket

Income$4,600Out of Pocket$1,557Mortgage P&I$4,05788%Property Taxes$59913%Insurance$2806%HOA$251%Management$46010%CapEx$2305%Vacancy$2766%Maintenance$2305%

Investment Breakdown

|

Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$7,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,600

Total Expenses

$6,157

Mortgage P&I

88%

$4,057

Property Taxes

13%

$599

Home Insurance

6%

$280

HOA

1%

$25

Property Management

10%

$460

CapEx

5%

$230

Vacancy

6%

$276

Maintenance

5%

$230

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis