REI Lense

REI Lense

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$1,448 (target)

4404 Jefferson Ave, Midland, MI 48640

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Long-Term investment with a projected -5.23% first-year return on $38,073 initial cash invested.

-5.23%

Cash On Cash

5.69%

Cap Rate

0.9

DSCR

$1,448

Rent

-$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,073

Downpayment

20%

$36,260

Closing costs

1%

$1,813

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,448

Total Expenses

$1,614

Mortgage P&I

66%

$953

Property Taxes

15%

$220

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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