REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,890 (target)

8285 Pilgrim St, Washington, MI 48094

3 beds • 2 baths • 1495 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $58,443 initial cash invested.

-13.94%

Cash On Cash

4.04%

Cap Rate

0.62

DSCR

$1,890

Rent

-$679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,890 income − $2,569 expenses = $679 out of pocket

Income$1,890Out of Pocket$679Mortgage P&I$1,52381%Property Taxes$45124%Insurance$1056%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,443

Downpayment

20%

$55,660

Closing costs

1%

$2,783

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,569

Mortgage P&I

81%

$1,523

Property Taxes

24%

$451

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis