REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

7070 Riverstone Rd, West Bloomfield, MI 48322

3 beds • 2 baths • 2077 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.08% first-year return on $103k initial cash invested.

-3.08%

Cash On Cash

5.56%

Cap Rate

0.94

DSCR

$3,728

Rent

-$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$403k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,680

Closing costs

1%

$4,034

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,728

Total Expenses

$3,992

Mortgage P&I

53%

$1,984

Property Taxes

16%

$584

Home Insurance

4%

$144

HOA

0%

$13

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis