REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,881 (target)

8620 S Westnedge Ave, Portage, MI 49002

3 beds • 2 baths • 1850 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.61% first-year return on $62,790 initial cash invested.

-12.61%

Cash On Cash

3.96%

Cap Rate

0.64

DSCR

$1,881

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,881 income − $2,541 expenses = $660 out of pocket

Income$1,881Out of Pocket$660Mortgage P&I$1,55383%Property Taxes$39421%Insurance$1056%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,881

Total Expenses

$2,541

Mortgage P&I

83%

$1,553

Property Taxes

21%

$394

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis