REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,804 (target)

40127 Pallazo St, Clinton Township, MI 48038

3 beds • 2 baths • 1664 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.48% first-year return on $90,450 initial cash invested.

-4.48%

Cash On Cash

5.3%

Cap Rate

0.87

DSCR

$2,804

Rent

-$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,804 income − $3,142 expenses = $338 out of pocket

Income$2,804Out of Pocket$338Mortgage P&I$1,74962%Property Taxes$32011%Insurance$1214%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,804

Total Expenses

$3,142

Mortgage P&I

62%

$1,749

Property Taxes

11%

$320

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis