REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,957 (target)

41575 Pheasant Creek Dr, Canton, MI 48188

3 beds • 3 baths • 1931 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.56% first-year return on $99,351 initial cash invested.

-11.56%

Cash On Cash

3.93%

Cap Rate

0.66

DSCR

$2,957

Rent

-$957

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,957 income − $3,914 expenses = $957 out of pocket

Income$2,957Out of Pocket$957Mortgage P&I$2,35980%Property Taxes$58420%Insurance$1756%HOA$271%Management$29610%CapEx$1485%Vacancy$1776%Maintenance$1485%

Investment Breakdown

|

Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,351

Downpayment

20%

$94,620

Closing costs

1%

$4,731

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,957

Total Expenses

$3,914

Mortgage P&I

80%

$2,359

Property Taxes

20%

$584

Home Insurance

6%

$175

HOA

1%

$27

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$177

Maintenance

5%

$148

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis