REI Lense

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$1,814 (target)

7676 Southmoor Dr, Monroe, MI 48161

3 beds • 2 baths • 1660 sqft

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This property looks like a bad Long-Term investment with a projected -14.09% first-year return on $75,012 initial cash invested.

-14.09%

Cash On Cash

3.43%

Cap Rate

0.56

DSCR

$1,814

Rent

-$881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,814 income − $2,695 expenses = $881 out of pocket

Income$1,814Out of Pocket$881Mortgage P&I$1,811100%Property Taxes$28216%Insurance$1307%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,012

Downpayment

20%

$71,440

Closing costs

1%

$3,572

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,814

Total Expenses

$2,695

Mortgage P&I

100%

$1,811

Property Taxes

16%

$282

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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