REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,026 (target)

632 Wilson Dr, Midland, MI 48642

3 beds • 2 baths • 1882 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.11% first-year return on $71,193 initial cash invested.

7.11%

Cash On Cash

8.35%

Cap Rate

1.45

DSCR

$3,026

Rent

$422

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,193

Downpayment

20%

$50,660

Closing costs

1%

$2,533

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,026

Total Expenses

$2,604

Mortgage P&I

40%

$1,220

Property Taxes

9%

$264

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis