REI Lense

REI Lense

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$1,852 (target)

709 Stimson St, Cadillac, MI 49601

3 beds • 2 baths • 1480 sqft

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This property might be a fair Long-Term investment with a projected 0.82% first-year return on $44,121 initial cash invested.

0.82%

Cash On Cash

7.04%

Cap Rate

1.11

DSCR

$1,852

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,121

Downpayment

20%

$42,020

Closing costs

1%

$2,101

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,852

Total Expenses

$1,822

Mortgage P&I

60%

$1,109

Property Taxes

8%

$156

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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