REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

413 S Saint Joseph Ave, Niles, MI 49120

3 beds • 2 baths • 1764 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.79% first-year return on $69,051 initial cash invested.

-1.79%

Cash On Cash

6.23%

Cap Rate

0.99

DSCR

$2,193

Rent

-$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$243k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,051

Downpayment

20%

$48,620

Closing costs

1%

$2,431

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,193

Total Expenses

$2,296

Mortgage P&I

58%

$1,278

Property Taxes

8%

$184

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis