REI Lense

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$1,909 (target)

800 Bradish St, Adrian, MI 49221

3 beds • 2 baths • 1354 sqft

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This property looks like a bad Long-Term investment with a projected -1.93% first-year return on $47,754 initial cash invested.

-1.93%

Cash On Cash

6.59%

Cap Rate

1.01

DSCR

$1,909

Rent

-$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,909 income − $1,986 expenses = $77 out of pocket

Income$1,909Out of Pocket$77Mortgage P&I$1,23164%Property Taxes$1779%Insurance$824%Management$19110%CapEx$955%Vacancy$1156%Maintenance$955%

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,754

Downpayment

20%

$45,480

Closing costs

1%

$2,274

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,909

Total Expenses

$1,986

Mortgage P&I

64%

$1,231

Property Taxes

9%

$177

Home Insurance

4%

$82

HOA

0%

$0

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$115

Maintenance

5%

$95

Other

0%

$0

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