REI Lense

REI Lense

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$3,528 (target)

668 S Bartlett Rd, Saint Clair, MI 48079

3 beds • 3 baths • 1915 sqft

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This property looks like a bad Mid-Term investment with a projected -9.28% first-year return on $131k initial cash invested.

-9.28%

Cash On Cash

3.94%

Cap Rate

0.67

DSCR

$3,528

Rent

-$1,014

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,384

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,528

Total Expenses

$4,542

Mortgage P&I

75%

$2,641

Property Taxes

14%

$510

Home Insurance

5%

$192

HOA

0%

$0

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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