REI Lense

REI Lense

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$3,086 (target)

7001 Venturi Dr, Washington, MI 48094

3 beds • 4 baths • 3286 sqft

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This property looks like a bad Mid-Term investment with a projected -18.13% first-year return on $161k initial cash invested.

-18.13%

Cash On Cash

1.91%

Cap Rate

0.32

DSCR

$3,086

Rent

-$2,428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$680k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,795

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,086

Total Expenses

$5,514

Mortgage P&I

110%

$3,389

Property Taxes

22%

$675

Home Insurance

8%

$242

HOA

5%

$160

Property Management

12%

$370

CapEx

4%

$123

Vacancy

3%

$93

Maintenance

4%

$123

Other

11%

$339

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