REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,281 (target)

7156 River Rd, Flushing, MI 48433

3 beds • 3 baths • 3637 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.15% first-year return on $79,212 initial cash invested.

-11.15%

Cash On Cash

3.99%

Cap Rate

0.67

DSCR

$2,281

Rent

-$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,281 income − $3,017 expenses = $736 out of pocket

Income$2,281Out of Pocket$736Mortgage P&I$1,87582%Property Taxes$41418%Insurance$1356%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,212

Downpayment

20%

$75,440

Closing costs

1%

$3,772

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,281

Total Expenses

$3,017

Mortgage P&I

82%

$1,875

Property Taxes

18%

$414

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis