REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,676 (target)

4230 Us Highway 31 S, Charlevoix, MI 49720

3 beds • 2 baths • 2749 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.52% first-year return on $161k initial cash invested.

-10.52%

Cash On Cash

3.7%

Cap Rate

0.62

DSCR

$3,676

Rent

-$1,408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$679k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,790

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,676

Total Expenses

$5,084

Mortgage P&I

91%

$3,357

Property Taxes

7%

$240

Home Insurance

6%

$238

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis