REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,286 (target)

8541 Lone Meadow Ct, Howell, MI 48843

3 beds • 5 baths • 4596 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.51% first-year return on $180k initial cash invested.

-5.51%

Cash On Cash

5.55%

Cap Rate

0.86

DSCR

$6,286

Rent

-$825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,286 income − $7,111 expenses = $825 out of pocket

Income$6,286Out of Pocket$825Mortgage P&I$4,13066%Property Taxes$4828%Insurance$2804%HOA$831%Management$75412%CapEx$2514%Vacancy$1893%Maintenance$2514%Other$69111%

Investment Breakdown

|

Purchase Price

$769k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,692

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,286

Total Expenses

$7,111

Mortgage P&I

66%

$4,130

Property Taxes

8%

$482

Home Insurance

4%

$280

HOA

1%

$83

Property Management

12%

$754

CapEx

4%

$251

Vacancy

3%

$189

Maintenance

4%

$251

Other

11%

$691

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis