REI Lense

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$3,321 (target)

54524 Pocahontas Dr, Shelby Township, MI 48315

3 beds • 3 baths • 3653 sqft

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This property looks like a bad Long-Term investment with a projected -4.34% first-year return on $95,760 initial cash invested.

-4.34%

Cash On Cash

5.45%

Cap Rate

0.92

DSCR

$3,321

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$456k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,760

Downpayment

20%

$91,200

Closing costs

1%

$4,560

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,321

Total Expenses

$3,667

Mortgage P&I

68%

$2,251

Property Taxes

12%

$384

Home Insurance

5%

$161

HOA

0%

$8

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

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