REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,520 (target)

6944 Bunkerhill Ln, Canton, MI 48187

3 beds • 2 baths • 2484 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.82% first-year return on $91,773 initial cash invested.

-3.82%

Cash On Cash

6.17%

Cap Rate

0.92

DSCR

$3,520

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,520 income − $3,812 expenses = $292 out of pocket

Income$3,520Out of Pocket$292Mortgage P&I$1,95656%Property Taxes$53015%Insurance$1244%HOA$5Management$42212%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38711%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,773

Downpayment

20%

$70,260

Closing costs

1%

$3,513

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,520

Total Expenses

$3,812

Mortgage P&I

56%

$1,956

Property Taxes

15%

$530

Home Insurance

4%

$124

HOA

0%

$5

Property Management

12%

$422

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$387

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis