REI Lense

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$2,658 (target)

425 Wisler St, Davison, MI 48423

3 beds • 2 baths • 1715 sqft

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This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $65,250 initial cash invested.

0.53%

Cash On Cash

7.16%

Cap Rate

1.11

DSCR

$2,658

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,658 income − $2,629 expenses = $29 cash flow

Income$2,658Mortgage P&I$1,20845%Property Taxes$44417%Insurance$743%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29211%Cash Flow$29

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,658

Total Expenses

$2,629

Mortgage P&I

45%

$1,208

Property Taxes

17%

$444

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$292

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