REI Lense

REI Lense

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$3,596 (target)

4347 N Gale Rd, Davison, MI 48423

3 beds • 2 baths • 2214 sqft

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This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $94,377 initial cash invested.

0.47%

Cash On Cash

6.51%

Cap Rate

1.1

DSCR

$3,596

Rent

$37

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,377

Downpayment

20%

$72,740

Closing costs

1%

$3,637

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,596

Total Expenses

$3,559

Mortgage P&I

50%

$1,793

Property Taxes

11%

$413

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$432

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$396

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