REI Lense

REI Lense

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$2,357 (target)

7524 Tarra Dr, Temperance, MI 48182

3 beds • 2 baths • 1694 sqft

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This property might be a fair Long-Term investment with a projected 0.12% first-year return on $60,522 initial cash invested.

0.12%

Cash On Cash

6.63%

Cap Rate

1.08

DSCR

$2,357

Rent

$6

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,357 income − $2,351 expenses = $6 cash flow

Income$2,357Mortgage P&I$1,46962%Property Taxes$1677%Insurance$1024%Management$23610%CapEx$1185%Vacancy$1416%Maintenance$1185%Cash Flow$6

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,522

Downpayment

20%

$57,640

Closing costs

1%

$2,882

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,357

Total Expenses

$2,351

Mortgage P&I

62%

$1,469

Property Taxes

7%

$167

Home Insurance

4%

$102

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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