REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,867 (target)

409 N Front St, Lake City, MI 49651

3 beds • 2 baths • 1666 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.52% first-year return on $59,850 initial cash invested.

-7.52%

Cash On Cash

5.04%

Cap Rate

0.81

DSCR

$1,867

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,867 income − $2,242 expenses = $375 out of pocket

Income$1,867Out of Pocket$375Mortgage P&I$1,48079%Property Taxes$1779%Insurance$1005%Management$18710%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,867

Total Expenses

$2,242

Mortgage P&I

79%

$1,480

Property Taxes

9%

$177

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis