REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,704 (target)

624 Julia St, Lansing, MI 48910

3 beds • 2 baths • 1387 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.36% first-year return on $57,291 initial cash invested.

9.36%

Cash On Cash

10.19%

Cap Rate

1.54

DSCR

$2,704

Rent

$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,704 income − $2,257 expenses = $447 cash flow

Income$2,704Mortgage P&I$1,03438%Property Taxes$2399%Insurance$662%Management$32412%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29711%Cash Flow$447

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,291

Downpayment

20%

$37,420

Closing costs

1%

$1,871

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,704

Total Expenses

$2,257

Mortgage P&I

38%

$1,034

Property Taxes

9%

$239

Home Insurance

2%

$66

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis