REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,146 (target)

69513 Leet Rd, Niles, MI 49120

3 beds • 2 baths • 1876 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.64% first-year return on $92,529 initial cash invested.

-7.64%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$2,146

Rent

-$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,146 income − $2,735 expenses = $589 out of pocket

Income$2,146Out of Pocket$589Mortgage P&I$1,76082%Property Taxes$1216%Insurance$1246%Management$25812%CapEx$864%Vacancy$643%Maintenance$864%Other$23611%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,529

Downpayment

20%

$70,980

Closing costs

1%

$3,549

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,146

Total Expenses

$2,735

Mortgage P&I

82%

$1,760

Property Taxes

6%

$121

Home Insurance

6%

$124

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$236

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis