REI Lense

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$3,260 (target)

7353 Maplelawn Dr, Ypsilanti, MI 48197

3 beds • 3 baths • 2800 sqft

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This property looks like a bad Long-Term investment with a projected -3.63% first-year return on $77,091 initial cash invested.

-3.63%

Cash On Cash

5.85%

Cap Rate

0.96

DSCR

$3,260

Rent

-$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,091

Downpayment

20%

$73,420

Closing costs

1%

$3,671

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,260

Total Expenses

$3,493

Mortgage P&I

57%

$1,861

Property Taxes

19%

$606

Home Insurance

4%

$128

HOA

2%

$50

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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