REI Lense

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$3,492 (target)

4899 Wye Oak Rd, Bloomfield Hills, MI 48301

3 beds • 3 baths • 3114 sqft

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This property looks like a bad Long-Term investment with a projected -9.51% first-year return on $109k initial cash invested.

-9.51%

Cash On Cash

4.49%

Cap Rate

0.74

DSCR

$3,492

Rent

-$864

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,492 income − $4,356 expenses = $864 out of pocket

Income$3,492Out of Pocket$864Mortgage P&I$2,63075%Property Taxes$60717%Insurance$1845%HOA$261%Management$34910%CapEx$1755%Vacancy$2106%Maintenance$1755%

Investment Breakdown

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Purchase Price

$519k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,192

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,492

Total Expenses

$4,356

Mortgage P&I

75%

$2,630

Property Taxes

17%

$607

Home Insurance

5%

$184

HOA

1%

$26

Property Management

10%

$349

CapEx

5%

$175

Vacancy

6%

$210

Maintenance

5%

$175

Other

0%

$0

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