REI Lense

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$3,674 (target)

606 Whitney Dr, Rochester Hills, MI 48307

3 beds • 3 baths • 2135 sqft

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This property looks like a bad Mid-Term investment with a projected -4.52% first-year return on $113k initial cash invested.

-4.52%

Cash On Cash

5.19%

Cap Rate

0.88

DSCR

$3,674

Rent

-$426

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,674 income − $4,100 expenses = $426 out of pocket

Income$3,674Out of Pocket$426Mortgage P&I$2,23661%Property Taxes$43512%Insurance$1624%HOA$18Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%

Investment Breakdown

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Purchase Price

$452k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,480

Closing costs

1%

$4,524

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,674

Total Expenses

$4,100

Mortgage P&I

61%

$2,236

Property Taxes

12%

$435

Home Insurance

4%

$162

HOA

0%

$18

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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