REI Lense

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$2,573 (target)

5248 Brookside Dr, Shelby Township, MI 48316

3 beds • 3 baths • 3001 sqft

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This property looks like a bad Long-Term investment with a projected -11.41% first-year return on $94,794 initial cash invested.

-11.41%

Cash On Cash

3.89%

Cap Rate

0.65

DSCR

$2,573

Rent

-$901

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,573 income − $3,474 expenses = $901 out of pocket

Income$2,573Out of Pocket$901Mortgage P&I$2,23587%Property Taxes$33913%Insurance$2319%Management$25710%CapEx$1295%Vacancy$1546%Maintenance$1295%

Investment Breakdown

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Purchase Price

$451k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,794

Downpayment

20%

$90,280

Closing costs

1%

$4,514

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,573

Total Expenses

$3,474

Mortgage P&I

87%

$2,235

Property Taxes

13%

$339

Home Insurance

9%

$231

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

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