REI Lense

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$1,893 (target)

5110 Lyons Cir S, Warren, MI 48092

3 beds • 2 baths • 1825 sqft

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This property might be a fair Mid-Term investment with a projected 0.04% first-year return on $54,750 initial cash invested.

0.04%

Cash On Cash

6.85%

Cap Rate

1.08

DSCR

$1,893

Rent

$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,893 income − $1,891 expenses = $2 cash flow

Income$1,893Mortgage P&I$92149%Property Taxes$26514%Insurance$613%Management$22712%CapEx$764%Vacancy$573%Maintenance$764%Other$20811%Cash Flow$2

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,893

Total Expenses

$1,891

Mortgage P&I

49%

$921

Property Taxes

14%

$265

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$227

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$208

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