REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,816 (target)

4680 N Adrian Hwy, Adrian, MI 49221

3 beds • 3 baths • 1946 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.7% first-year return on $79,824 initial cash invested.

9.7%

Cash On Cash

9.8%

Cap Rate

1.5

DSCR

$3,816

Rent

$645

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,816 income − $3,171 expenses = $645 cash flow

Income$3,816Mortgage P&I$1,60742%Property Taxes$2106%Insurance$561%Management$45812%CapEx$1534%Vacancy$1143%Maintenance$1534%Other$42011%Cash Flow$645

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,824

Downpayment

20%

$58,880

Closing costs

1%

$2,944

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,816

Total Expenses

$3,171

Mortgage P&I

42%

$1,607

Property Taxes

6%

$210

Home Insurance

1%

$56

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$420

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis