REI Lense

REI Lense

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$1,313 (target)

5140 Clinton Rd, Jackson, MI 49201

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Long-Term investment with a projected -12.12% first-year return on $48,615 initial cash invested.

-12.12%

Cash On Cash

4.2%

Cap Rate

0.66

DSCR

$1,313

Rent

-$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$232k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,615

Downpayment

20%

$46,300

Closing costs

1%

$2,315

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,313

Total Expenses

$1,804

Mortgage P&I

94%

$1,235

Property Taxes

11%

$147

Home Insurance

6%

$80

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

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