REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,456 (target)

6780 Lakewood Dr, Oscoda, MI 48750

3 beds • 2 baths • 1576 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.2% first-year return on $78,543 initial cash invested.

6.2%

Cash On Cash

8.97%

Cap Rate

1.34

DSCR

$3,456

Rent

$406

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,456 income − $3,050 expenses = $406 cash flow

Income$3,456Mortgage P&I$1,61147%Property Taxes$1595%Insurance$1053%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$406

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,543

Downpayment

20%

$57,660

Closing costs

1%

$2,883

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,456

Total Expenses

$3,050

Mortgage P&I

47%

$1,611

Property Taxes

5%

$159

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis