REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

5188 Merit Dr, Flint, MI 48506

3 beds • 2 baths • 1684 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.49% first-year return on $55,779 initial cash invested.

-0.49%

Cash On Cash

6.68%

Cap Rate

1.05

DSCR

$1,749

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,749

Total Expenses

$1,772

Mortgage P&I

55%

$955

Property Taxes

9%

$160

Home Insurance

4%

$63

HOA

0%

$0

Property Management

12%

$210

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$192

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis