REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,004 (target)

4968 138th Ave, Holland, MI 49423

3 beds • 2 baths • 1942 sqft

Email

This property looks like a bad Mid-Term investment with a projected -12.41% first-year return on $143k initial cash invested.

-12.41%

Cash On Cash

3.26%

Cap Rate

0.54

DSCR

$3,004

Rent

-$1,478

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $4,482 expenses = $1,478 out of pocket

Income$3,004Out of Pocket$1,478Mortgage P&I$2,97599%Property Taxes$2799%Insurance$2087%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,950

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,004

Total Expenses

$4,482

Mortgage P&I

99%

$2,975

Property Taxes

9%

$279

Home Insurance

7%

$208

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis