REI Lense

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$2,593 (target)

546 Parkland Dr, Rochester Hills, MI 48307

3 beds • 3 baths • 2088 sqft

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This property looks like a bad Long-Term investment with a projected -14.44% first-year return on $111k initial cash invested.

-14.44%

Cash On Cash

3.39%

Cap Rate

0.55

DSCR

$2,593

Rent

-$1,335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,593 income − $3,928 expenses = $1,335 out of pocket

Income$2,593Out of Pocket$1,335Mortgage P&I$2,698104%Property Taxes$35013%Insurance$1927%HOA$131%Management$25910%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

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Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,284

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,593

Total Expenses

$3,928

Mortgage P&I

104%

$2,698

Property Taxes

14%

$350

Home Insurance

7%

$192

HOA

1%

$13

Property Management

10%

$259

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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