REI Lense

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$3,135 (target)

4185 Oak St, Grand Blanc, MI 48439

3 beds • 4 baths • 3181 sqft

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This property looks like a bad Long-Term investment with a projected -7.49% first-year return on $87,003 initial cash invested.

-7.49%

Cash On Cash

4.83%

Cap Rate

0.81

DSCR

$3,135

Rent

-$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,135 income − $3,678 expenses = $543 out of pocket

Income$3,135Out of Pocket$543Mortgage P&I$2,05365%Property Taxes$63220%Insurance$1475%HOA$301%Management$31410%CapEx$1575%Vacancy$1886%Maintenance$1575%

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,003

Downpayment

20%

$82,860

Closing costs

1%

$4,143

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,135

Total Expenses

$3,678

Mortgage P&I

65%

$2,053

Property Taxes

20%

$632

Home Insurance

5%

$147

HOA

1%

$30

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

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