REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,989 (target)

8507 Pineview Lake Dr, Linden, MI 48451

3 beds • 2 baths • 2025 sqft

Email

This property might be a fair Long-Term investment with a projected 3.42% first-year return on $66,255 initial cash invested.

3.42%

Cash On Cash

7.22%

Cap Rate

1.22

DSCR

$2,989

Rent

$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,989 income − $2,800 expenses = $189 cash flow

Income$2,989Mortgage P&I$1,56052%Property Taxes$35212%Insurance$1124%Management$29910%CapEx$1495%Vacancy$1796%Maintenance$1495%Cash Flow$189

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,255

Downpayment

20%

$63,100

Closing costs

1%

$3,155

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,989

Total Expenses

$2,800

Mortgage P&I

52%

$1,560

Property Taxes

12%

$352

Home Insurance

4%

$112

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis