REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,547 (target)

672 Stonehenge Dr, Canton, MI 48188

3 beds • 2 baths • 2195 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.9% first-year return on $79,884 initial cash invested.

-13.9%

Cash On Cash

4.11%

Cap Rate

0.62

DSCR

$2,547

Rent

-$925

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,547 income − $3,472 expenses = $925 out of pocket

Income$2,547Out of Pocket$925Mortgage P&I$2,10082%Property Taxes$56522%Insurance$1395%HOA$6Management$25510%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,884

Downpayment

20%

$76,080

Closing costs

1%

$3,804

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,547

Total Expenses

$3,472

Mortgage P&I

82%

$2,100

Property Taxes

22%

$565

Home Insurance

5%

$139

HOA

0%

$6

Property Management

10%

$255

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis