REI Lense

REI Lense

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$1,432 (target)

5957 John Daly St, Taylor, MI 48180

3 beds • 2 baths • 1417 sqft

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This property might be a fair Long-Term investment with a projected 0.31% first-year return on $34,650 initial cash invested.

0.31%

Cash On Cash

6.99%

Cap Rate

1.09

DSCR

$1,432

Rent

$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,432 income − $1,423 expenses = $9 cash flow

Income$1,432Mortgage P&I$88061%Property Taxes$1128%Insurance$584%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%Cash Flow$9

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,432

Total Expenses

$1,423

Mortgage P&I

61%

$880

Property Taxes

8%

$112

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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