REI Lense

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$1,668 (target)

412 Quarry St, Jackson, MI 49201

3 beds • 2 baths • 1305 sqft

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This property might be a fair Long-Term investment with a projected 5.3% first-year return on $34,650 initial cash invested.

5.3%

Cash On Cash

8.1%

Cap Rate

1.27

DSCR

$1,668

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,668 income − $1,515 expenses = $153 cash flow

Income$1,668Mortgage P&I$87853%Property Taxes$1469%Insurance$583%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$153

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,668

Total Expenses

$1,515

Mortgage P&I

53%

$878

Property Taxes

9%

$146

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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