REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,977 (target)

48297 Mallard Dr, Chesterfield, MI 48047

3 beds • 2 baths • 1408 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.08% first-year return on $66,129 initial cash invested.

-8.08%

Cash On Cash

4.67%

Cap Rate

0.78

DSCR

$1,977

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,977 income − $2,422 expenses = $445 out of pocket

Income$1,977Out of Pocket$445Mortgage P&I$1,57280%Property Taxes$22511%Insurance$1106%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,977

Total Expenses

$2,422

Mortgage P&I

80%

$1,572

Property Taxes

11%

$225

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis