REI Lense

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$2,930 (target)

4484 Cedardale Ln, Flushing, MI 48433

3 beds • 3 baths • 1966 sqft

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This property looks like a bad Mid-Term investment with a projected -0.35% first-year return on $79,446 initial cash invested.

-0.35%

Cash On Cash

6.59%

Cap Rate

1.06

DSCR

$2,930

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $2,953 expenses = $23 out of pocket

Income$2,930Out of Pocket$23Mortgage P&I$1,51252%Property Taxes$34212%Insurance$1034%Management$35212%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,446

Downpayment

20%

$58,520

Closing costs

1%

$2,926

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,930

Total Expenses

$2,953

Mortgage P&I

52%

$1,512

Property Taxes

12%

$342

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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