REI Lense

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$1,892 (target)

5802 N Rogers Hwy, Tecumseh, MI 49286

3 beds • 2 baths • 1981 sqft

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This property looks like a bad Long-Term investment with a projected -16.86% first-year return on $101k initial cash invested.

-16.86%

Cash On Cash

2.73%

Cap Rate

0.45

DSCR

$1,892

Rent

-$1,416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,892 income − $3,308 expenses = $1,416 out of pocket

Income$1,892Out of Pocket$1,416Mortgage P&I$2,412127%Property Taxes$23512%Insurance$1689%Management$18910%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$95,980

Closing costs

1%

$4,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,892

Total Expenses

$3,308

Mortgage P&I

127%

$2,412

Property Taxes

12%

$235

Home Insurance

9%

$168

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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