REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,339 (target)

4247 La Forest Dr, Waterford, MI 48329

3 beds • 2 baths • 1171 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.87% first-year return on $79,572 initial cash invested.

2.87%

Cash On Cash

7.31%

Cap Rate

1.22

DSCR

$3,339

Rent

$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,339 income − $3,149 expenses = $190 cash flow

Income$3,339Mortgage P&I$1,46344%Property Taxes$44513%Insurance$1053%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$190

Investment Breakdown

|

Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,572

Downpayment

20%

$58,640

Closing costs

1%

$2,932

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,339

Total Expenses

$3,149

Mortgage P&I

44%

$1,463

Property Taxes

13%

$445

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis