REI Lense

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$2,500 (target)

51104 Silver St, Three Rivers, MI 49093

3 beds • 2 baths • 1456 sqft

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This property looks like a bad Mid-Term investment with a projected -2.66% first-year return on $78,186 initial cash invested.

-2.66%

Cash On Cash

5.68%

Cap Rate

0.95

DSCR

$2,500

Rent

-$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,500 income − $2,673 expenses = $173 out of pocket

Income$2,500Out of Pocket$173Mortgage P&I$1,43057%Property Taxes$29912%Insurance$944%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,186

Downpayment

20%

$57,320

Closing costs

1%

$2,866

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,500

Total Expenses

$2,673

Mortgage P&I

57%

$1,430

Property Taxes

12%

$299

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

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