REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,590 (target)

40311 Colony Dr, Sterling Heights, MI 48313

3 beds • 2 baths • 1914 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.03% first-year return on $77,871 initial cash invested.

-2.03%

Cash On Cash

5.99%

Cap Rate

0.98

DSCR

$2,590

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,590 income − $2,722 expenses = $132 out of pocket

Income$2,590Out of Pocket$132Mortgage P&I$1,45056%Property Taxes$28811%Insurance$1024%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,871

Downpayment

20%

$57,020

Closing costs

1%

$2,851

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,590

Total Expenses

$2,722

Mortgage P&I

56%

$1,450

Property Taxes

11%

$288

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis