REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,914 (target)

4118 Michigan AVENUE, Manitowoc, WI 54220

3 beds • 2 baths • 2220 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.03% first-year return on $58,401 initial cash invested.

-7.03%

Cash On Cash

4.94%

Cap Rate

0.82

DSCR

$1,914

Rent

-$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,914 income − $2,256 expenses = $342 out of pocket

Income$1,914Out of Pocket$342Mortgage P&I$1,39273%Property Taxes$26614%Insurance$1005%Management$19110%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,401

Downpayment

20%

$55,620

Closing costs

1%

$2,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,914

Total Expenses

$2,256

Mortgage P&I

73%

$1,392

Property Taxes

14%

$266

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis