REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,694 (target)

5865 Lakeshore Dr, Holland, MI 49424

3 beds • 2 baths • 1200 sqft

$1,280,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -28.2% first-year return on $287k initial cash invested.

-28.2%

Cash On Cash

0.59%

Cap Rate

0.09

DSCR

$2,694

Rent

-$6,739

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $9,433 expenses = $6,739 out of pocket

Income$2,694Out of Pocket$6,739Mortgage P&I$7,264270%Property Taxes$80530%Insurance$44817%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$1280k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$287k

Downpayment

20%

$256k

Closing costs

1%

$12,800

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$9,433

Mortgage P&I

270%

$7,264

Property Taxes

30%

$805

Home Insurance

17%

$448

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis