REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,854 (target)

6060 Ford Rd, Commerce Township, MI 48382

3 beds • 4 baths • 3734 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.63% first-year return on $105k initial cash invested.

6.63%

Cash On Cash

8.32%

Cap Rate

1.37

DSCR

$4,854

Rent

$581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,854 income − $4,273 expenses = $581 cash flow

Income$4,854Mortgage P&I$2,10543%Property Taxes$3698%Insurance$1493%Management$58212%CapEx$1944%Vacancy$1463%Maintenance$1944%Other$53411%Cash Flow$581

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,040

Closing costs

1%

$4,152

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,854

Total Expenses

$4,273

Mortgage P&I

43%

$2,105

Property Taxes

8%

$369

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$582

CapEx

4%

$194

Vacancy

3%

$146

Maintenance

4%

$194

Other

11%

$534

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis