REI Lense

REI Lense

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$3,288 (target)

5840 Cotton Top Crst, Freeland, MI 48623

3 beds • 2 baths • 1637 sqft

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This property looks like a bad Mid-Term investment with a projected -0.36% first-year return on $99,060 initial cash invested.

-0.36%

Cash On Cash

6.31%

Cap Rate

1.05

DSCR

$3,288

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,060

Downpayment

20%

$77,200

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,288

Total Expenses

$3,318

Mortgage P&I

59%

$1,929

Property Taxes

4%

$133

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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