REI Lense

REI Lense

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$1,927 (target)

8430 Darlene St, Warren, MI 48093

3 beds • 3 baths • 2296 sqft

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This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $54,474 initial cash invested.

-9.32%

Cash On Cash

4.89%

Cap Rate

0.76

DSCR

$1,927

Rent

-$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,474

Downpayment

20%

$51,880

Closing costs

1%

$2,594

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,927

Total Expenses

$2,350

Mortgage P&I

72%

$1,384

Property Taxes

20%

$385

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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