REI Lense

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$3,400 (target)

4309 Sunnybrook Dr, Kalamazoo, MI 49008

3 beds • 2 baths • 2339 sqft

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This property looks like a bad Mid-Term investment with a projected -3.49% first-year return on $100k initial cash invested.

-3.49%

Cash On Cash

5.47%

Cap Rate

0.92

DSCR

$3,400

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,400 income − $3,692 expenses = $292 out of pocket

Income$3,400Out of Pocket$292Mortgage P&I$1,94557%Property Taxes$44613%Insurance$1454%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%

Investment Breakdown

|

Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,500

Closing costs

1%

$3,925

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,400

Total Expenses

$3,692

Mortgage P&I

57%

$1,945

Property Taxes

13%

$446

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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