REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,858 (target)

4139 Samoset Rd, Royal Oak, MI 48073

3 beds • 2 baths • 1604 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.09% first-year return on $74,553 initial cash invested.

2.09%

Cash On Cash

7.41%

Cap Rate

1.17

DSCR

$2,858

Rent

$130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,858 income − $2,728 expenses = $130 cash flow

Income$2,858Mortgage P&I$1,41850%Property Taxes$2298%Insurance$1104%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$130

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,553

Downpayment

20%

$53,860

Closing costs

1%

$2,693

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,858

Total Expenses

$2,728

Mortgage P&I

50%

$1,418

Property Taxes

8%

$229

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis