REI Lense

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$3,956 (target)

53435 Pimpernil Ln, Chesterfield, MI 48051

3 beds • 3 baths • 2826 sqft

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This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $96,372 initial cash invested.

4.08%

Cash On Cash

7.48%

Cap Rate

1.26

DSCR

$3,956

Rent

$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,372

Downpayment

20%

$74,640

Closing costs

1%

$3,732

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,956

Total Expenses

$3,628

Mortgage P&I

46%

$1,839

Property Taxes

8%

$313

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

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