REI Lense

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$3,879 (target)

6050 Brophy Rd, Howell, MI 48855

3 beds • 2 baths • 2602 sqft

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This property looks like a bad Mid-Term investment with a projected -1.52% first-year return on $109k initial cash invested.

-1.52%

Cash On Cash

6.15%

Cap Rate

1.01

DSCR

$3,879

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,879 income − $4,017 expenses = $138 out of pocket

Income$3,879Out of Pocket$138Mortgage P&I$2,20057%Property Taxes$3459%Insurance$1544%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42711%

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,540

Closing costs

1%

$4,327

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,879

Total Expenses

$4,017

Mortgage P&I

57%

$2,200

Property Taxes

9%

$345

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

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