REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,002 (target)

5802 Morganport Dr, Saginaw, MI 48601

3 beds • 2 baths • 1225 sqft

Email

This property looks like a bad Long-Term investment with a projected -5.42% first-year return on $26,565 initial cash invested.

-5.42%

Cash On Cash

5.97%

Cap Rate

0.9

DSCR

$1,002

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,002 income − $1,122 expenses = $120 out of pocket

Income$1,002Out of Pocket$120Mortgage P&I$69970%Property Taxes$10911%Insurance$545%Management$10010%CapEx$505%Vacancy$606%Maintenance$505%

Investment Breakdown

|

Purchase Price

$127k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,565

Downpayment

20%

$25,300

Closing costs

1%

$1,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,002

Total Expenses

$1,122

Mortgage P&I

70%

$699

Property Taxes

11%

$109

Home Insurance

5%

$54

HOA

0%

$0

Property Management

10%

$100

CapEx

5%

$50

Vacancy

6%

$60

Maintenance

5%

$50

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis