REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,715 (target)

419 Richards Dr, Monroe, MI 48162

3 beds • 2 baths • 1755 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.19% first-year return on $67,938 initial cash invested.

0.19%

Cash On Cash

7.01%

Cap Rate

1.09

DSCR

$2,715

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,704 expenses = $11 cash flow

Income$2,715Mortgage P&I$1,26947%Property Taxes$42716%Insurance$843%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$11

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,938

Downpayment

20%

$47,560

Closing costs

1%

$2,378

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,704

Mortgage P&I

47%

$1,269

Property Taxes

16%

$427

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis