REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,405 (target)

40925 McNamara Dr, Clinton Township, MI 48038

3 beds • 2 baths • 2258 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $80,118 initial cash invested.

2.71%

Cash On Cash

7.22%

Cap Rate

1.22

DSCR

$3,405

Rent

$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,405 income − $3,224 expenses = $181 cash flow

Income$3,405Mortgage P&I$1,46243%Property Taxes$48814%Insurance$1163%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$181

Investment Breakdown

|

Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,118

Downpayment

20%

$59,160

Closing costs

1%

$2,958

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,405

Total Expenses

$3,224

Mortgage P&I

43%

$1,462

Property Taxes

14%

$488

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis