REI Lense

REI Lense

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$1,607 (target)

4095 Blood Rd, Metamora, MI 48455

3 beds • 2 baths • 3567 sqft

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This property looks like a bad Long-Term investment with a projected -19.23% first-year return on $96,201 initial cash invested.

-19.23%

Cash On Cash

2.2%

Cap Rate

0.36

DSCR

$1,607

Rent

-$1,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,607 income − $3,149 expenses = $1,542 out of pocket

Income$1,607Out of Pocket$1,542Mortgage P&I$2,301143%Property Taxes$26516%Insurance$16610%Management$16110%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,201

Downpayment

20%

$91,620

Closing costs

1%

$4,581

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,607

Total Expenses

$3,149

Mortgage P&I

143%

$2,301

Property Taxes

16%

$265

Home Insurance

10%

$166

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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