REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,228 (target)

4582 Sutton Pl SW, Grandville, MI 49418

3 beds • 2 baths • 1191 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $67,074 initial cash invested.

-9.66%

Cash On Cash

5.04%

Cap Rate

0.76

DSCR

$2,228

Rent

-$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $2,768 expenses = $540 out of pocket

Income$2,228Out of Pocket$540Mortgage P&I$1,77079%Property Taxes$30514%Insurance$1145%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$319k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,074

Downpayment

20%

$63,880

Closing costs

1%

$3,194

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,228

Total Expenses

$2,768

Mortgage P&I

79%

$1,770

Property Taxes

14%

$305

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis