REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,822 (target)

8620 S Westnedge Ave, Portage, MI 49002

3 beds • 2 baths • 1850 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.82% first-year return on $80,790 initial cash invested.

-2.82%

Cash On Cash

5.92%

Cap Rate

0.95

DSCR

$2,822

Rent

-$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,822 income − $3,012 expenses = $190 out of pocket

Income$2,822Out of Pocket$190Mortgage P&I$1,55355%Property Taxes$39414%Insurance$1054%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,822

Total Expenses

$3,012

Mortgage P&I

55%

$1,553

Property Taxes

14%

$394

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis