REI Lense

REI Lense

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$2,267 (target)

4309 Sunnybrook Dr, Kalamazoo, MI 49008

3 beds • 2 baths • 2339 sqft

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This property looks like a bad Long-Term investment with a projected -12.49% first-year return on $82,425 initial cash invested.

-12.49%

Cash On Cash

3.67%

Cap Rate

0.62

DSCR

$2,267

Rent

-$858

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,267 income − $3,125 expenses = $858 out of pocket

Income$2,267Out of Pocket$858Mortgage P&I$1,94586%Property Taxes$44620%Insurance$1456%Management$22710%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,425

Downpayment

20%

$78,500

Closing costs

1%

$3,925

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,267

Total Expenses

$3,125

Mortgage P&I

86%

$1,945

Property Taxes

20%

$446

Home Insurance

6%

$145

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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