REI Lense

REI Lense

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$2,184 (target)

40547 Orangelawn Ave, Plymouth, MI 48170

3 beds • 2 baths • 1243 sqft

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This property looks like a bad Long-Term investment with a projected -1.87% first-year return on $57,645 initial cash invested.

-1.87%

Cash On Cash

6.07%

Cap Rate

1.01

DSCR

$2,184

Rent

-$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $2,274 expenses = $90 out of pocket

Income$2,184Out of Pocket$90Mortgage P&I$1,37063%Property Taxes$24111%Insurance$964%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,645

Downpayment

20%

$54,900

Closing costs

1%

$2,745

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,184

Total Expenses

$2,274

Mortgage P&I

63%

$1,370

Property Taxes

11%

$241

Home Insurance

4%

$96

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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