REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

465 Heights Rd, Lake Orion, MI 48362

3 beds • 2 baths • 2352 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.88% first-year return on $136k initial cash invested.

-11.88%

Cash On Cash

3.21%

Cap Rate

0.55

DSCR

$3,292

Rent

-$1,347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$562k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$112k

Closing costs

1%

$5,621

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,292

Total Expenses

$4,639

Mortgage P&I

83%

$2,717

Property Taxes

18%

$601

Home Insurance

6%

$201

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis