REI Lense

REI Lense

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$2,331 (target)

4146 N Paul Cir, Bay City, MI 48706

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Mid-Term investment with a projected -7.43% first-year return on $82,554 initial cash invested.

-7.43%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$2,331

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,554

Downpayment

20%

$61,480

Closing costs

1%

$3,074

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,331

Total Expenses

$2,842

Mortgage P&I

66%

$1,535

Property Taxes

17%

$385

Home Insurance

6%

$130

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

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