REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,456 (target)

832 N 9th St, Saint Clair, MI 48079

3 beds • 3 baths • 2535 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.48% first-year return on $75,603 initial cash invested.

8.48%

Cash On Cash

8.93%

Cap Rate

1.49

DSCR

$3,456

Rent

$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,456 income − $2,922 expenses = $534 cash flow

Income$3,456Mortgage P&I$1,36940%Property Taxes$2487%Insurance$1304%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38011%Cash Flow$534

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,456

Total Expenses

$2,922

Mortgage P&I

40%

$1,369

Property Taxes

7%

$248

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis