REI Lense

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$4,257 (target)

6654 Orion Rd, Rochester Hills, MI 48306

3 beds • 3 baths • 1820 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $110k initial cash invested.

0.57%

Cash On Cash

6.97%

Cap Rate

1.1

DSCR

$4,257

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,257 income − $4,205 expenses = $52 cash flow

Income$4,257Mortgage P&I$2,32755%Property Taxes$2777%Insurance$1544%Management$51112%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$52

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,257

Total Expenses

$4,205

Mortgage P&I

55%

$2,327

Property Taxes

7%

$277

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$511

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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