REI Lense

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$2,153 (target)

6098 Hedgerow Cir, Grand Blanc, MI 48439

3 beds • 2 baths • 1308 sqft

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This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $69,090 initial cash invested.

-11.55%

Cash On Cash

4.09%

Cap Rate

0.67

DSCR

$2,153

Rent

-$665

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,153 income − $2,818 expenses = $665 out of pocket

Income$2,153Out of Pocket$665Mortgage P&I$1,67978%Property Taxes$46422%Insurance$1155%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,090

Downpayment

20%

$65,800

Closing costs

1%

$3,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,153

Total Expenses

$2,818

Mortgage P&I

78%

$1,679

Property Taxes

22%

$464

Home Insurance

5%

$115

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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