REI Lense

REI Lense

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$3,814 (target)

4112 Prairie Rose Dr, Howell, MI 48843

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Long-Term investment with a projected -14.33% first-year return on $162k initial cash invested.

-14.33%

Cash On Cash

3.32%

Cap Rate

0.55

DSCR

$3,814

Rent

-$1,935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$772k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$154k

Closing costs

1%

$7,715

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,814

Total Expenses

$5,749

Mortgage P&I

102%

$3,877

Property Taxes

15%

$562

Home Insurance

7%

$280

HOA

1%

$38

Property Management

10%

$381

CapEx

5%

$191

Vacancy

6%

$229

Maintenance

5%

$191

Other

0%

$0

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