REI Lense

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$3,910 (target)

6263 Pinewood Dr, Clarkston, MI 48346

3 beds • 3 baths • 2646 sqft

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This property looks like a bad Mid-Term investment with a projected -3.51% first-year return on $111k initial cash invested.

-3.51%

Cash On Cash

5.78%

Cap Rate

0.93

DSCR

$3,910

Rent

-$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,910 income − $4,234 expenses = $324 out of pocket

Income$3,910Out of Pocket$324Mortgage P&I$2,29359%Property Taxes$46412%Insurance$1494%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,300

Closing costs

1%

$4,415

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,910

Total Expenses

$4,234

Mortgage P&I

59%

$2,293

Property Taxes

12%

$464

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

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