REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,886 (target)

6635 Picketts Way, Lansing, MI 48917

3 beds • 2 baths • 2750 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.15% first-year return on $67,179 initial cash invested.

-10.15%

Cash On Cash

4.3%

Cap Rate

0.71

DSCR

$1,886

Rent

-$568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,886 income − $2,454 expenses = $568 out of pocket

Income$1,886Out of Pocket$568Mortgage P&I$1,62186%Property Taxes$23112%Insurance$1126%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,886

Total Expenses

$2,454

Mortgage P&I

86%

$1,621

Property Taxes

12%

$231

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis