REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,199 (target)

712 E 38th Rd, Cadillac, MI 49601

3 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $78,624 initial cash invested.

-8.94%

Cash On Cash

4.36%

Cap Rate

0.74

DSCR

$2,199

Rent

-$586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,624

Downpayment

20%

$74,880

Closing costs

1%

$3,744

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,199

Total Expenses

$2,785

Mortgage P&I

84%

$1,837

Property Taxes

11%

$241

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis