REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,607 (target)

6263 Pinewood Dr, Clarkston, MI 48346

3 beds • 3 baths • 2646 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.63% first-year return on $92,715 initial cash invested.

-12.63%

Cash On Cash

3.93%

Cap Rate

0.63

DSCR

$2,607

Rent

-$976

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,607 income − $3,583 expenses = $976 out of pocket

Income$2,607Out of Pocket$976Mortgage P&I$2,29388%Property Taxes$46418%Insurance$1496%Management$26110%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

|

Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,715

Downpayment

20%

$88,300

Closing costs

1%

$4,415

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,607

Total Expenses

$3,583

Mortgage P&I

88%

$2,293

Property Taxes

18%

$464

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$261

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis