REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,888 (target)

4023 Horton Rd, Jackson, MI 49201

3 beds • 2 baths • 1298 sqft

Email

This property looks like a bad Mid-Term investment with a projected -14.74% first-year return on $107k initial cash invested.

-14.74%

Cash On Cash

3.02%

Cap Rate

0.47

DSCR

$2,888

Rent

-$1,312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,888 income − $4,200 expenses = $1,312 out of pocket

Income$2,888Out of Pocket$1,312Mortgage P&I$2,26078%Property Taxes$51018%Insurance$44615%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,600

Closing costs

1%

$4,230

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,888

Total Expenses

$4,200

Mortgage P&I

78%

$2,260

Property Taxes

18%

$510

Home Insurance

15%

$446

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis