REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,298 (target)

476 Coldiron Dr, Rochester Hills, MI 48307

3 beds • 3 baths • 1645 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.45% first-year return on $101k initial cash invested.

-2.45%

Cash On Cash

5.79%

Cap Rate

0.96

DSCR

$3,298

Rent

-$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,298 income − $3,504 expenses = $206 out of pocket

Income$3,298Out of Pocket$206Mortgage P&I$1,98360%Property Taxes$2427%Insurance$1575%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,140

Closing costs

1%

$3,957

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,298

Total Expenses

$3,504

Mortgage P&I

60%

$1,983

Property Taxes

7%

$242

Home Insurance

5%

$157

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis