REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,962 (target)

8908 Birkhill Dr, Sterling Heights, MI 48314

3 beds • 2 baths • 1875 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.15% first-year return on $81,756 initial cash invested.

-0.15%

Cash On Cash

6.38%

Cap Rate

1.07

DSCR

$2,962

Rent

-$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,962 income − $2,972 expenses = $10 out of pocket

Income$2,962Out of Pocket$10Mortgage P&I$1,50551%Property Taxes$36112%Insurance$1003%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,756

Downpayment

20%

$60,720

Closing costs

1%

$3,036

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,962

Total Expenses

$2,972

Mortgage P&I

51%

$1,505

Property Taxes

12%

$361

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis