REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,515 (target)

4180 Shoals Dr, Okemos, MI 48864

3 beds • 3 baths • 3380 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $119k initial cash invested.

-1.53%

Cash On Cash

6.01%

Cap Rate

1.01

DSCR

$4,515

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,515 income − $4,666 expenses = $151 out of pocket

Income$4,515Out of Pocket$151Mortgage P&I$2,37353%Property Taxes$58913%Insurance$1684%Management$54212%CapEx$1814%Vacancy$1353%Maintenance$1814%Other$49711%

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,000

Closing costs

1%

$4,800

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,515

Total Expenses

$4,666

Mortgage P&I

53%

$2,373

Property Taxes

13%

$589

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$542

CapEx

4%

$181

Vacancy

3%

$135

Maintenance

4%

$181

Other

11%

$497

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis