REI Lense

REI Lense

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$1,548 (target)

415 Theodore Dr, Monroe, MI 48162

3 beds • 2 baths • 1167 sqft

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This property looks like a bad Long-Term investment with a projected -10.59% first-year return on $45,990 initial cash invested.

-10.59%

Cash On Cash

4.47%

Cap Rate

0.71

DSCR

$1,548

Rent

-$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,548

Total Expenses

$1,954

Mortgage P&I

74%

$1,145

Property Taxes

21%

$330

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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