REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,005 (target)

675 Fisher Rd, Grosse Pointe, MI 48230

3 beds • 3 baths • 2306 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.28% first-year return on $120k initial cash invested.

-9.28%

Cash On Cash

4.09%

Cap Rate

0.68

DSCR

$4,005

Rent

-$930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,005 income − $4,935 expenses = $930 out of pocket

Income$4,005Out of Pocket$930Mortgage P&I$2,42861%Property Taxes$94724%Insurance$1985%Management$48112%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44111%

Investment Breakdown

|

Purchase Price

$487k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,380

Closing costs

1%

$4,869

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,005

Total Expenses

$4,935

Mortgage P&I

61%

$2,428

Property Taxes

24%

$947

Home Insurance

5%

$198

HOA

0%

$0

Property Management

12%

$481

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$441

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis