REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,975 (target)

6500 N River Rd, Freeland, MI 48623

3 beds • 3 baths • 3154 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.14% first-year return on $95,151 initial cash invested.

-18.14%

Cash On Cash

2.5%

Cap Rate

0.41

DSCR

$1,975

Rent

-$1,438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,975 income − $3,413 expenses = $1,438 out of pocket

Income$1,975Out of Pocket$1,438Mortgage P&I$2,283116%Property Taxes$45323%Insurance$1638%Management$19810%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

|

Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,151

Downpayment

20%

$90,620

Closing costs

1%

$4,531

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,975

Total Expenses

$3,413

Mortgage P&I

116%

$2,283

Property Taxes

23%

$453

Home Insurance

8%

$163

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis