REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,769 (target)

414 S Simon St, Cadillac, MI 49601

3 beds • 2 baths • 1533 sqft

Email

This property could be a profitable Mid-Term investment with a projected 10.26% first-year return on $60,000 initial cash invested.

10.26%

Cash On Cash

10.28%

Cap Rate

1.57

DSCR

$2,769

Rent

$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,769 income − $2,256 expenses = $513 cash flow

Income$2,769Mortgage P&I$1,08939%Property Taxes$1556%Insurance$703%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$513

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,769

Total Expenses

$2,256

Mortgage P&I

39%

$1,089

Property Taxes

6%

$155

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis