REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,898 (target)

3914 Edgeland Ave, Royal Oak, MI 48073

3 beds • 2 baths • 1697 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $105k initial cash invested.

0.48%

Cash On Cash

6.59%

Cap Rate

1.1

DSCR

$3,898

Rent

$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,898 income − $3,856 expenses = $42 cash flow

Income$3,898Mortgage P&I$2,07753%Property Taxes$3098%Insurance$1444%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$42

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,900

Closing costs

1%

$4,145

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,898

Total Expenses

$3,856

Mortgage P&I

53%

$2,077

Property Taxes

8%

$309

Home Insurance

4%

$144

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis