REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,861 (target)

42475 Dharte Ct, Clinton Township, MI 48038

3 beds • 3 baths • 3195 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.12% first-year return on $85,218 initial cash invested.

-10.12%

Cash On Cash

4.7%

Cap Rate

0.73

DSCR

$2,861

Rent

-$719

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,861 income − $3,580 expenses = $719 out of pocket

Income$2,861Out of Pocket$719Mortgage P&I$2,16476%Property Taxes$52718%Insurance$1455%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,218

Downpayment

20%

$81,160

Closing costs

1%

$4,058

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,861

Total Expenses

$3,580

Mortgage P&I

76%

$2,164

Property Taxes

18%

$527

Home Insurance

5%

$145

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis