REI Lense

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$4,278 (target)

4216 Lahring Rd, Linden, MI 48451

3 beds • 3 baths • 1536 sqft

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This property could be a profitable Mid-Term investment with a projected 11.73% first-year return on $85,326 initial cash invested.

11.73%

Cash On Cash

9.86%

Cap Rate

1.62

DSCR

$4,278

Rent

$834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,278 income − $3,444 expenses = $834 cash flow

Income$4,278Mortgage P&I$1,62838%Property Taxes$2486%Insurance$1143%Management$51312%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%Cash Flow$834

Investment Breakdown

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Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,326

Downpayment

20%

$64,120

Closing costs

1%

$3,206

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,278

Total Expenses

$3,444

Mortgage P&I

38%

$1,628

Property Taxes

6%

$248

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$513

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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