REI Lense

REI Lense

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$3,524 (target)

676 Buteo Dr, East Lansing, MI 48823

3 beds • 3 baths • 1544 sqft

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This property looks like a bad Mid-Term investment with a projected -0.52% first-year return on $92,004 initial cash invested.

-0.52%

Cash On Cash

6.29%

Cap Rate

1.06

DSCR

$3,524

Rent

-$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,004

Downpayment

20%

$70,480

Closing costs

1%

$3,524

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,524

Total Expenses

$3,564

Mortgage P&I

50%

$1,745

Property Taxes

14%

$477

Home Insurance

4%

$126

HOA

0%

$17

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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