REI Lense

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$2,276 (target)

4211 Maplewood Meadows Ave, Grand Blanc, MI 48439

3 beds • 2 baths • 1615 sqft

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This property looks like a bad Long-Term investment with a projected -8.5% first-year return on $68,607 initial cash invested.

-8.5%

Cash On Cash

4.73%

Cap Rate

0.78

DSCR

$2,276

Rent

-$486

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,276 income − $2,762 expenses = $486 out of pocket

Income$2,276Out of Pocket$486Mortgage P&I$1,65973%Property Taxes$39417%Insurance$1165%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,276

Total Expenses

$2,762

Mortgage P&I

73%

$1,659

Property Taxes

17%

$394

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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