REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,304 (target)

6780 Lakewood Dr, Oscoda, MI 48750

3 beds • 2 baths • 1576 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.35% first-year return on $60,543 initial cash invested.

-3.35%

Cash On Cash

6.48%

Cap Rate

0.97

DSCR

$2,304

Rent

-$169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $2,473 expenses = $169 out of pocket

Income$2,304Out of Pocket$169Mortgage P&I$1,61170%Property Taxes$1597%Insurance$1055%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,543

Downpayment

20%

$57,660

Closing costs

1%

$2,883

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,304

Total Expenses

$2,473

Mortgage P&I

70%

$1,611

Property Taxes

7%

$159

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis