REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$8,830 (target)

861 Coolidge Rd, Birmingham, MI 48009

3 beds • 3 baths • 3238 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $195k initial cash invested.

1.11%

Cash On Cash

6.85%

Cap Rate

1.12

DSCR

$8,830

Rent

$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,830 income − $8,649 expenses = $181 cash flow

Income$8,830Mortgage P&I$4,28949%Property Taxes$1,06412%Insurance$2943%Management$1,06012%CapEx$3534%Vacancy$2653%Maintenance$3534%Other$97111%Cash Flow$181

Investment Breakdown

|

Purchase Price

$845k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$169k

Closing costs

1%

$8,446

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$8,830

Total Expenses

$8,649

Mortgage P&I

49%

$4,289

Property Taxes

12%

$1,064

Home Insurance

3%

$294

HOA

0%

$0

Property Management

12%

$1,060

CapEx

4%

$353

Vacancy

3%

$265

Maintenance

4%

$353

Other

11%

$971

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis