REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,166 (target)

62101 Schoenherr Rd, Washington, MI 48094

3 beds • 2 baths • 2651 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $80,979 initial cash invested.

1.48%

Cash On Cash

7.53%

Cap Rate

1.14

DSCR

$3,166

Rent

$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,166 income − $3,066 expenses = $100 cash flow

Income$3,166Mortgage P&I$1,65552%Property Taxes$2297%Insurance$1053%Management$38012%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34811%Cash Flow$100

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,166

Total Expenses

$3,066

Mortgage P&I

52%

$1,655

Property Taxes

7%

$229

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$380

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$348

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis