REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,618 (target)

4304 Meadowbrook Dr, Freeland, MI 48623

3 beds • 2 baths • 1656 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $67,182 initial cash invested.

1.84%

Cash On Cash

7.85%

Cap Rate

1.16

DSCR

$2,618

Rent

$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,618 income − $2,515 expenses = $103 cash flow

Income$2,618Mortgage P&I$1,32551%Property Taxes$2158%Insurance$843%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$103

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,182

Downpayment

20%

$46,840

Closing costs

1%

$2,342

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,618

Total Expenses

$2,515

Mortgage P&I

51%

$1,325

Property Taxes

8%

$215

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis