REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,136 (target)

820 Forest Dr, Portage, MI 49002

3 beds • 3 baths • 3270 sqft

Email

This property looks like a bad Long-Term investment with a projected -26.53% first-year return on $199k initial cash invested.

-26.53%

Cash On Cash

0.54%

Cap Rate

0.09

DSCR

$2,136

Rent

-$4,410

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,136 income − $6,546 expenses = $4,410 out of pocket

Income$2,136Out of Pocket$4,410Mortgage P&I$4,733222%Property Taxes$92543%Insurance$33216%Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$950k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$190k

Closing costs

1%

$9,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,136

Total Expenses

$6,546

Mortgage P&I

222%

$4,733

Property Taxes

43%

$925

Home Insurance

16%

$332

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis