REI Lense

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$1,788 (target)

5104 Esta Dr, Flint, MI 48506

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Mid-Term investment with a projected -3.65% first-year return on $59,181 initial cash invested.

-3.65%

Cash On Cash

5.85%

Cap Rate

0.9

DSCR

$1,788

Rent

-$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,788 income − $1,968 expenses = $180 out of pocket

Income$1,788Out of Pocket$180Mortgage P&I$1,06460%Property Taxes$22413%Insurance$704%Management$21512%CapEx$724%Vacancy$543%Maintenance$724%Other$19711%

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,181

Downpayment

20%

$39,220

Closing costs

1%

$1,961

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,788

Total Expenses

$1,968

Mortgage P&I

60%

$1,064

Property Taxes

13%

$224

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$215

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$197

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