REI Lense

REI Lense

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$1,356 (target)

808 Division St, Owosso, MI 48867

3 beds • 2 baths • 2026 sqft

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This property might be a fair Long-Term investment with a projected 0.89% first-year return on $27,090 initial cash invested.

0.89%

Cash On Cash

7.12%

Cap Rate

1.13

DSCR

$1,356

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,356 income − $1,336 expenses = $20 cash flow

Income$1,356Mortgage P&I$67750%Property Taxes$26119%Insurance$453%Management$13610%CapEx$685%Vacancy$816%Maintenance$685%Cash Flow$20

Investment Breakdown

|

Purchase Price

$129k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,090

Downpayment

20%

$25,800

Closing costs

1%

$1,290

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,356

Total Expenses

$1,336

Mortgage P&I

50%

$677

Property Taxes

19%

$261

Home Insurance

3%

$45

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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