REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,542 (target)

5242 Mansfield Ave, Sterling Heights, MI 48310

3 beds • 2 baths • 1864 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.19% first-year return on $77,073 initial cash invested.

-3.19%

Cash On Cash

5.59%

Cap Rate

0.93

DSCR

$2,542

Rent

-$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,542 income − $2,747 expenses = $205 out of pocket

Income$2,542Out of Pocket$205Mortgage P&I$1,41456%Property Taxes$36915%Insurance$994%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%

Investment Breakdown

|

Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,073

Downpayment

20%

$56,260

Closing costs

1%

$2,813

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,542

Total Expenses

$2,747

Mortgage P&I

56%

$1,414

Property Taxes

15%

$369

Home Insurance

4%

$99

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis