REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,920 (target)

6329 Mission Dr, West Bloomfield, MI 48324

3 beds • 4 baths • 3994 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.41% first-year return on $110k initial cash invested.

9.41%

Cash On Cash

9.04%

Cap Rate

1.5

DSCR

$5,920

Rent

$861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,920 income − $5,059 expenses = $861 cash flow

Income$5,920Mortgage P&I$2,19637%Property Taxes$66511%Insurance$1563%HOA$29Management$71012%CapEx$2374%Vacancy$1783%Maintenance$2374%Other$65111%Cash Flow$861

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,440

Closing costs

1%

$4,372

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,920

Total Expenses

$5,059

Mortgage P&I

37%

$2,196

Property Taxes

11%

$665

Home Insurance

3%

$156

HOA

0%

$29

Property Management

12%

$710

CapEx

4%

$237

Vacancy

3%

$178

Maintenance

4%

$237

Other

11%

$651

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis