REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,384 (target)

7070 Elms Rd, Swartz Creek, MI 48473

3 beds • 3 baths • 2972 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.68% first-year return on $108k initial cash invested.

-6.68%

Cash On Cash

5.08%

Cap Rate

0.8

DSCR

$3,384

Rent

-$603

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,384 income − $3,987 expenses = $603 out of pocket

Income$3,384Out of Pocket$603Mortgage P&I$2,28968%Property Taxes$40312%Insurance$1454%Management$40612%CapEx$1354%Vacancy$1023%Maintenance$1354%Other$37211%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,020

Closing costs

1%

$4,301

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,384

Total Expenses

$3,987

Mortgage P&I

68%

$2,289

Property Taxes

12%

$403

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$102

Maintenance

4%

$135

Other

11%

$372

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis