REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,715 (target)

4349 Billmar St SW, Grandville, MI 49418

3 beds • 2 baths • 1816 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.2% first-year return on $74,571 initial cash invested.

-6.2%

Cash On Cash

5.39%

Cap Rate

0.86

DSCR

$2,715

Rent

-$385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $3,100 expenses = $385 out of pocket

Income$2,715Out of Pocket$385Mortgage P&I$1,84468%Property Taxes$42316%Insurance$1265%Management$27210%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,571

Downpayment

20%

$71,020

Closing costs

1%

$3,551

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,715

Total Expenses

$3,100

Mortgage P&I

68%

$1,844

Property Taxes

16%

$423

Home Insurance

5%

$126

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis