REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,028 (target)

7124 Elmwood Dr, Grand Blanc, MI 48439

3 beds • 3 baths • 3208 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.58% first-year return on $92,508 initial cash invested.

-3.58%

Cash On Cash

5.39%

Cap Rate

0.91

DSCR

$3,028

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,508

Downpayment

20%

$70,960

Closing costs

1%

$3,548

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,028

Total Expenses

$3,304

Mortgage P&I

58%

$1,749

Property Taxes

13%

$400

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis