REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,266 (target)

6057 Center Rd, Grand Blanc, MI 48439

3 beds • 3 baths • 1734 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.71% first-year return on $110k initial cash invested.

-7.71%

Cash On Cash

4.48%

Cap Rate

0.74

DSCR

$3,266

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,266 income − $3,971 expenses = $705 out of pocket

Income$3,266Out of Pocket$705Mortgage P&I$2,20467%Property Taxes$50015%Insurance$1565%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,320

Closing costs

1%

$4,366

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,266

Total Expenses

$3,971

Mortgage P&I

67%

$2,204

Property Taxes

15%

$500

Home Insurance

5%

$156

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis