REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,255 (target)

6254 Indian Lake Dr, Gladwin, MI 48624

3 beds • 2 baths • 2100 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.24% first-year return on $41,580 initial cash invested.

-9.24%

Cash On Cash

4.9%

Cap Rate

0.76

DSCR

$1,255

Rent

-$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,255 income − $1,575 expenses = $320 out of pocket

Income$1,255Out of Pocket$320Mortgage P&I$1,06685%Property Taxes$1139%Insurance$695%Management$12610%CapEx$635%Vacancy$756%Maintenance$635%

Investment Breakdown

|

Purchase Price

$198k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,580

Downpayment

20%

$39,600

Closing costs

1%

$1,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,255

Total Expenses

$1,575

Mortgage P&I

85%

$1,066

Property Taxes

9%

$113

Home Insurance

6%

$69

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$75

Maintenance

5%

$63

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis