REI Lense

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$4,322 (target)

56432 Cromwell Ct, Shelby Township, MI 48316

3 beds • 4 baths • 4192 sqft

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This property looks like a bad Mid-Term investment with a projected -4.96% first-year return on $134k initial cash invested.

-4.96%

Cash On Cash

5.16%

Cap Rate

0.86

DSCR

$4,322

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,322 income − $4,874 expenses = $552 out of pocket

Income$4,322Out of Pocket$552Mortgage P&I$2,74564%Property Taxes$44210%Insurance$1924%HOA$251%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47511%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,322

Total Expenses

$4,874

Mortgage P&I

64%

$2,745

Property Taxes

10%

$442

Home Insurance

4%

$192

HOA

1%

$25

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$475

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