REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,254 (target)

4849 Betterly Dr, Cheboygan, MI 49721

3 beds • 3 baths • 2704 sqft

Email

This property might be a fair Long-Term investment with a projected 6.27% first-year return on $71,190 initial cash invested.

6.27%

Cash On Cash

8.02%

Cap Rate

1.31

DSCR

$3,254

Rent

$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,254 income − $2,882 expenses = $372 cash flow

Income$3,254Mortgage P&I$1,73253%Property Taxes$1856%Insurance$1194%Management$32510%CapEx$1635%Vacancy$1956%Maintenance$1635%Cash Flow$372

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,254

Total Expenses

$2,882

Mortgage P&I

53%

$1,732

Property Taxes

6%

$185

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$325

CapEx

5%

$163

Vacancy

6%

$195

Maintenance

5%

$163

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis