REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,953 (target)

4484 Cedardale Ln, Flushing, MI 48433

3 beds • 3 baths • 1966 sqft

Email

This property looks like a bad Long-Term investment with a projected -10% first-year return on $61,446 initial cash invested.

-10%

Cash On Cash

4.5%

Cap Rate

0.73

DSCR

$1,953

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $2,465 expenses = $512 out of pocket

Income$1,953Out of Pocket$512Mortgage P&I$1,51277%Property Taxes$34218%Insurance$1035%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

|

Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,446

Downpayment

20%

$58,520

Closing costs

1%

$2,926

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,953

Total Expenses

$2,465

Mortgage P&I

77%

$1,512

Property Taxes

18%

$342

Home Insurance

5%

$103

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis