REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,036 (target)

6880 W Emery Rd, Houghton Lake, MI 48629

3 beds • 2 baths • 1680 sqft

Email

This property could be a profitable Long-Term investment with a projected 10.88% first-year return on $34,419 initial cash invested.

10.88%

Cash On Cash

9.54%

Cap Rate

1.47

DSCR

$2,036

Rent

$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,036 income − $1,724 expenses = $312 cash flow

Income$2,036Mortgage P&I$88944%Property Taxes$24212%Insurance$633%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%Cash Flow$312

Investment Breakdown

|

Purchase Price

$164k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,419

Downpayment

20%

$32,780

Closing costs

1%

$1,639

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,036

Total Expenses

$1,724

Mortgage P&I

44%

$889

Property Taxes

12%

$242

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis