REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,322 (target)

715 Springwood Dr SE, Kentwood, MI 49548

3 beds • 2 baths • 1728 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.22% first-year return on $70,077 initial cash invested.

-8.22%

Cash On Cash

4.72%

Cap Rate

0.78

DSCR

$2,322

Rent

-$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,322 income − $2,802 expenses = $480 out of pocket

Income$2,322Out of Pocket$480Mortgage P&I$1,67772%Property Taxes$40317%Insurance$1195%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,077

Downpayment

20%

$66,740

Closing costs

1%

$3,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,322

Total Expenses

$2,802

Mortgage P&I

72%

$1,677

Property Taxes

17%

$403

Home Insurance

5%

$119

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis