REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,197 (target)

5918 N Evangeline St, Dearborn Heights, MI 48127

3 beds • 4 baths • 3072 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.2% first-year return on $97,461 initial cash invested.

-19.2%

Cash On Cash

2.35%

Cap Rate

0.39

DSCR

$2,197

Rent

-$1,559

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,197 income − $3,756 expenses = $1,559 out of pocket

Income$2,197Out of Pocket$1,559Mortgage P&I$2,357107%Property Taxes$65230%Insurance$1758%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,461

Downpayment

20%

$92,820

Closing costs

1%

$4,641

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,197

Total Expenses

$3,756

Mortgage P&I

107%

$2,357

Property Taxes

30%

$652

Home Insurance

8%

$175

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis