REI Lense

REI Lense

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$3,120 (target)

6394 Manson Dr, Waterford, MI 48329

3 beds • 2 baths • 2258 sqft

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This property might be a fair Mid-Term investment with a projected 6.49% first-year return on $74,280 initial cash invested.

6.49%

Cash On Cash

8.44%

Cap Rate

1.39

DSCR

$3,120

Rent

$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,280

Downpayment

20%

$53,600

Closing costs

1%

$2,680

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,120

Total Expenses

$2,718

Mortgage P&I

44%

$1,358

Property Taxes

6%

$196

Home Insurance

3%

$103

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

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