REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,665 (target)

6300 Bullard Rd, Fenton, MI 48430

3 beds • 3 baths • 1900 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.31% first-year return on $127k initial cash invested.

-3.31%

Cash On Cash

5.59%

Cap Rate

0.94

DSCR

$4,665

Rent

-$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,665 income − $5,016 expenses = $351 out of pocket

Income$4,665Out of Pocket$351Mortgage P&I$2,58555%Property Taxes$66214%Insurance$1824%Management$56012%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51311%

Investment Breakdown

|

Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,199

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,665

Total Expenses

$5,016

Mortgage P&I

55%

$2,585

Property Taxes

14%

$662

Home Insurance

4%

$182

HOA

0%

$0

Property Management

12%

$560

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$513

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis