REI Lense

REI Lense

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$1,425 (target)

5168 Woodcliff Dr, Flint, MI 48504

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -6.77% first-year return on $39,879 initial cash invested.

-6.77%

Cash On Cash

5.47%

Cap Rate

0.85

DSCR

$1,425

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,425 income − $1,650 expenses = $225 out of pocket

Income$1,425Out of Pocket$225Mortgage P&I$1,01972%Property Taxes$19514%Insurance$665%Management$14210%CapEx$715%Vacancy$866%Maintenance$715%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,425

Total Expenses

$1,650

Mortgage P&I

72%

$1,019

Property Taxes

14%

$195

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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