REI Lense

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$2,692 (target)

42146 Trinity Ct, Sterling Heights, MI 48313

3 beds • 3 baths • 2807 sqft

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This property looks like a bad Long-Term investment with a projected -8.8% first-year return on $76,902 initial cash invested.

-8.8%

Cash On Cash

4.99%

Cap Rate

0.78

DSCR

$2,692

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $3,256 expenses = $564 out of pocket

Income$2,692Out of Pocket$564Mortgage P&I$1,95373%Property Taxes$47218%Insurance$1305%Management$26910%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,902

Downpayment

20%

$73,240

Closing costs

1%

$3,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,692

Total Expenses

$3,256

Mortgage P&I

73%

$1,953

Property Taxes

18%

$472

Home Insurance

5%

$130

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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