REI Lense

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$3,536 (target)

42047 Clemons Dr, Plymouth, MI 48170

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Mid-Term investment with a projected -4.73% first-year return on $109k initial cash invested.

-4.73%

Cash On Cash

5.19%

Cap Rate

0.87

DSCR

$3,536

Rent

-$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,536 income − $3,967 expenses = $431 out of pocket

Income$3,536Out of Pocket$431Mortgage P&I$2,16961%Property Taxes$42112%Insurance$1735%HOA$3Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38911%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,940

Closing costs

1%

$4,347

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,536

Total Expenses

$3,967

Mortgage P&I

61%

$2,169

Property Taxes

12%

$421

Home Insurance

5%

$173

HOA

0%

$3

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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