REI Lense

REI Lense

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$3,676 (target)

47651 Chrys Rd, Macomb, MI 48044

3 beds • 2 baths • 1577 sqft

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This property might be a fair Mid-Term investment with a projected 5.81% first-year return on $86,796 initial cash invested.

5.81%

Cash On Cash

7.95%

Cap Rate

1.35

DSCR

$3,676

Rent

$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,796

Downpayment

20%

$65,520

Closing costs

1%

$3,276

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,676

Total Expenses

$3,256

Mortgage P&I

44%

$1,603

Property Taxes

8%

$288

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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