REI Lense

REI Lense

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$3,327 (target)

6817 Rothbury St, Portage, MI 49024

3 beds • 2 baths • 2172 sqft

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This property might be a fair Mid-Term investment with a projected 2.77% first-year return on $77,136 initial cash invested.

2.77%

Cash On Cash

7.2%

Cap Rate

1.23

DSCR

$3,327

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,136

Downpayment

20%

$56,320

Closing costs

1%

$2,816

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,327

Total Expenses

$3,149

Mortgage P&I

41%

$1,378

Property Taxes

16%

$539

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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