REI Lense

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$2,544 (target)

4680 N Adrian Hwy, Adrian, MI 49221

3 beds • 3 baths • 1946 sqft

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This property might be a fair Long-Term investment with a projected 0.19% first-year return on $61,824 initial cash invested.

0.19%

Cash On Cash

7.11%

Cap Rate

1.09

DSCR

$2,544

Rent

$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,544 income − $2,534 expenses = $10 cash flow

Income$2,544Mortgage P&I$1,60763%Property Taxes$2108%Insurance$562%Management$25410%CapEx$1275%Vacancy$1536%Maintenance$1275%Cash Flow$10

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,824

Downpayment

20%

$58,880

Closing costs

1%

$2,944

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,544

Total Expenses

$2,534

Mortgage P&I

63%

$1,607

Property Taxes

8%

$210

Home Insurance

2%

$56

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

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