REI Lense

REI Lense

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$5,724 (target)

7155 Bayview Rd, Jackson, MI 49201

3 beds • 4 baths • 2226 sqft

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This property could be a profitable Mid-Term investment with a projected 13.97% first-year return on $103k initial cash invested.

13.97%

Cash On Cash

10.12%

Cap Rate

1.72

DSCR

$5,724

Rent

$1,202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,180

Closing costs

1%

$4,059

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,724

Total Expenses

$4,522

Mortgage P&I

35%

$1,991

Property Taxes

8%

$439

Home Insurance

3%

$145

HOA

0%

$0

Property Management

12%

$687

CapEx

4%

$229

Vacancy

3%

$172

Maintenance

4%

$229

Other

11%

$630

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