REI Lense

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$3,753 (target)

51965 Sequoya Dr, Macomb, MI 48042

3 beds • 3 baths • 3005 sqft

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This property looks like a bad Mid-Term investment with a projected -2.74% first-year return on $106k initial cash invested.

-2.74%

Cash On Cash

5.73%

Cap Rate

0.96

DSCR

$3,753

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,753 income − $3,994 expenses = $241 out of pocket

Income$3,753Out of Pocket$241Mortgage P&I$2,08255%Property Taxes$47813%Insurance$1494%HOA$9Management$45012%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,440

Closing costs

1%

$4,172

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,753

Total Expenses

$3,994

Mortgage P&I

55%

$2,082

Property Taxes

13%

$478

Home Insurance

4%

$149

HOA

0%

$9

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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