REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,438 (target)

7370 Perry Lake Rd, Clarkston, MI 48348

3 beds • 3 baths • 1612 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.27% first-year return on $94,272 initial cash invested.

-9.27%

Cash On Cash

3.94%

Cap Rate

0.65

DSCR

$2,438

Rent

-$728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,438 income − $3,166 expenses = $728 out of pocket

Income$2,438Out of Pocket$728Mortgage P&I$1,82175%Property Taxes$38016%Insurance$1356%Management$29312%CapEx$984%Vacancy$733%Maintenance$984%Other$26811%

Investment Breakdown

|

Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,272

Downpayment

20%

$72,640

Closing costs

1%

$3,632

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,438

Total Expenses

$3,166

Mortgage P&I

75%

$1,821

Property Taxes

16%

$380

Home Insurance

6%

$135

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis