REI Lense

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$5,218 (target)

5895 Shore Orchid Dr, Gaylord, MI 49735

3 beds • 4 baths • 4225 sqft

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This property looks like a bad Mid-Term investment with a projected -5.91% first-year return on $163k initial cash invested.

-5.91%

Cash On Cash

4.91%

Cap Rate

0.83

DSCR

$5,218

Rent

-$801

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,218 income − $6,019 expenses = $801 out of pocket

Income$5,218Out of Pocket$801Mortgage P&I$3,41265%Property Taxes$59111%Insurance$2415%Management$62612%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57411%

Investment Breakdown

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Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,890

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,218

Total Expenses

$6,019

Mortgage P&I

65%

$3,412

Property Taxes

11%

$591

Home Insurance

5%

$241

HOA

0%

$0

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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