REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,526 (target)

788 Rivard Blvd, Grosse Pointe, MI 48230

3 beds • 2 baths • 1707 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.71% first-year return on $102k initial cash invested.

-18.71%

Cash On Cash

2.59%

Cap Rate

0.42

DSCR

$2,526

Rent

-$1,588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,526 income − $4,114 expenses = $1,588 out of pocket

Income$2,526Out of Pocket$1,588Mortgage P&I$2,50799%Property Taxes$77631%Insurance$1747%Management$25310%CapEx$1265%Vacancy$1526%Maintenance$1265%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,526

Total Expenses

$4,114

Mortgage P&I

99%

$2,507

Property Taxes

31%

$776

Home Insurance

7%

$174

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis