REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,372 (target)

7910 Orchard Ave, Dearborn, MI 48126

3 beds • 2 baths • 2100 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.51% first-year return on $63,654 initial cash invested.

0.51%

Cash On Cash

7.22%

Cap Rate

1.1

DSCR

$2,372

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,372 income − $2,345 expenses = $27 cash flow

Income$2,372Mortgage P&I$1,18650%Property Taxes$27512%Insurance$773%Management$28512%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%Cash Flow$27

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,654

Downpayment

20%

$43,480

Closing costs

1%

$2,174

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,372

Total Expenses

$2,345

Mortgage P&I

50%

$1,186

Property Taxes

12%

$275

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis