REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,841 (target)

5825 W Miller Rd, Lewiston, MI 49756

3 beds • 2 baths • 2416 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.73% first-year return on $93,390 initial cash invested.

-3.73%

Cash On Cash

5.49%

Cap Rate

0.9

DSCR

$2,841

Rent

-$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,841 income − $3,131 expenses = $290 out of pocket

Income$2,841Out of Pocket$290Mortgage P&I$1,81964%Property Taxes$2198%Insurance$1264%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,841

Total Expenses

$3,131

Mortgage P&I

64%

$1,819

Property Taxes

8%

$219

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis