REI Lense

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$2,763 (target)

8525 Berkshire Dr, Ypsilanti, MI 48198

3 beds • 3 baths • 1818 sqft

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This property looks like a bad Long-Term investment with a projected -10% first-year return on $76,356 initial cash invested.

-10%

Cash On Cash

4.32%

Cap Rate

0.72

DSCR

$2,763

Rent

-$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,763 income − $3,399 expenses = $636 out of pocket

Income$2,763Out of Pocket$636Mortgage P&I$1,80865%Property Taxes$70926%Insurance$1224%HOA$422%Management$27610%CapEx$1385%Vacancy$1666%Maintenance$1385%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,763

Total Expenses

$3,399

Mortgage P&I

65%

$1,808

Property Taxes

26%

$709

Home Insurance

4%

$122

HOA

2%

$42

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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