REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,820 (target)

8410 Northfield Blvd, Oak Park, MI 48237

3 beds • 2 baths • 2028 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $71,634 initial cash invested.

4.2%

Cash On Cash

7.57%

Cap Rate

1.29

DSCR

$2,820

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,634

Downpayment

20%

$51,080

Closing costs

1%

$2,554

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,820

Total Expenses

$2,569

Mortgage P&I

44%

$1,248

Property Taxes

9%

$266

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis