REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,839 (target)

6060 Hearthside Pl, Grand Blanc, MI 48439

3 beds • 2 baths • 2080 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.35% first-year return on $62,958 initial cash invested.

-10.35%

Cash On Cash

4.17%

Cap Rate

0.7

DSCR

$1,839

Rent

-$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,839 income − $2,382 expenses = $543 out of pocket

Income$1,839Out of Pocket$543Mortgage P&I$1,49281%Property Taxes$31017%Insurance$1026%Management$18410%CapEx$925%Vacancy$1106%Maintenance$925%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,958

Downpayment

20%

$59,960

Closing costs

1%

$2,998

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,839

Total Expenses

$2,382

Mortgage P&I

81%

$1,492

Property Taxes

17%

$310

Home Insurance

6%

$102

HOA

0%

$0

Property Management

10%

$184

CapEx

5%

$92

Vacancy

6%

$110

Maintenance

5%

$92

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis