REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,184 (target)

5660 Wright Dr, Troy, MI 48098

3 beds • 2 baths • 1245 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.28% first-year return on $77,973 initial cash invested.

-13.28%

Cash On Cash

3.67%

Cap Rate

0.6

DSCR

$2,184

Rent

-$863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $3,047 expenses = $863 out of pocket

Income$2,184Out of Pocket$863Mortgage P&I$1,88986%Property Taxes$45121%Insurance$1406%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,973

Downpayment

20%

$74,260

Closing costs

1%

$3,713

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,184

Total Expenses

$3,047

Mortgage P&I

86%

$1,889

Property Taxes

21%

$451

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis