REI Lense

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$4,496 (target)

45519 Gable Dr, Macomb, MI 48044

3 beds • 3 baths • 1666 sqft

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This property might be a fair Mid-Term investment with a projected 2.03% first-year return on $125k initial cash invested.

2.03%

Cash On Cash

6.91%

Cap Rate

1.15

DSCR

$4,496

Rent

$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,496 income − $4,285 expenses = $211 cash flow

Income$4,496Mortgage P&I$2,53556%Property Taxes$421%Insurance$1784%Management$54012%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49511%Cash Flow$211

Investment Breakdown

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Purchase Price

$508k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,080

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,496

Total Expenses

$4,285

Mortgage P&I

56%

$2,535

Property Taxes

1%

$42

Home Insurance

4%

$178

HOA

0%

$0

Property Management

12%

$540

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$495

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