REI Lense

REI Lense

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$5,414 (target)

61030 Miriam Dr, Washington, MI 48094

3 beds • 4 baths • 4506 sqft

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This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $158k initial cash invested.

-5.36%

Cash On Cash

5.05%

Cap Rate

0.85

DSCR

$5,414

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$666k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,656

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,414

Total Expenses

$6,119

Mortgage P&I

61%

$3,291

Property Taxes

13%

$727

Home Insurance

4%

$238

HOA

0%

$21

Property Management

12%

$650

CapEx

4%

$217

Vacancy

3%

$162

Maintenance

4%

$217

Other

11%

$596

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