REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,573 (target)

800 Kimberly, Lake Orion, MI 48362

3 beds • 2 baths • 1719 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $147k initial cash invested.

-18.64%

Cash On Cash

2.31%

Cap Rate

0.38

DSCR

$2,573

Rent

-$2,280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,573 income − $4,853 expenses = $2,280 out of pocket

Income$2,573Out of Pocket$2,280Mortgage P&I$3,496136%Property Taxes$44317%Insurance$24510%Management$25710%CapEx$1295%Vacancy$1546%Maintenance$1295%

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,573

Total Expenses

$4,853

Mortgage P&I

136%

$3,496

Property Taxes

17%

$443

Home Insurance

10%

$245

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis