REI Lense

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$2,157 (target)

4808 Anson St, Lansing, MI 48911

3 beds • 2 baths • 1664 sqft

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This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $55,590 initial cash invested.

3.52%

Cash On Cash

8.16%

Cap Rate

1.26

DSCR

$2,157

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,157 income − $1,994 expenses = $163 cash flow

Income$2,157Mortgage P&I$96845%Property Taxes$23011%Insurance$633%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$163

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,157

Total Expenses

$1,994

Mortgage P&I

45%

$968

Property Taxes

11%

$230

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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