REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,927 (target)

5600 Chestnut Hill Dr, Clarkston, MI 48346

3 beds • 3 baths • 2729 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.5% first-year return on $89,019 initial cash invested.

-10.5%

Cash On Cash

4.13%

Cap Rate

0.7

DSCR

$2,927

Rent

-$779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$424k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,019

Downpayment

20%

$84,780

Closing costs

1%

$4,239

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,927

Total Expenses

$3,706

Mortgage P&I

71%

$2,092

Property Taxes

23%

$680

Home Insurance

5%

$157

HOA

1%

$16

Property Management

10%

$293

CapEx

5%

$146

Vacancy

6%

$176

Maintenance

5%

$146

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis