REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,276 (target)

5660 Wright Dr, Troy, MI 48098

3 beds • 2 baths • 1245 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.96% first-year return on $95,973 initial cash invested.

-3.96%

Cash On Cash

5.5%

Cap Rate

0.9

DSCR

$3,276

Rent

-$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,276 income − $3,593 expenses = $317 out of pocket

Income$3,276Out of Pocket$317Mortgage P&I$1,88958%Property Taxes$45114%Insurance$1404%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%

Investment Breakdown

|

Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,973

Downpayment

20%

$74,260

Closing costs

1%

$3,713

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,276

Total Expenses

$3,593

Mortgage P&I

58%

$1,889

Property Taxes

14%

$451

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis