REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,304 (target)

8933 Danzig St, Livonia, MI 48150

3 beds • 3 baths • 2201 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.34% first-year return on $64,386 initial cash invested.

-7.34%

Cash On Cash

5.23%

Cap Rate

0.83

DSCR

$2,304

Rent

-$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,304 income − $2,698 expenses = $394 out of pocket

Income$2,304Out of Pocket$394Mortgage P&I$1,61570%Property Taxes$38016%Insurance$1055%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,386

Downpayment

20%

$61,320

Closing costs

1%

$3,066

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,304

Total Expenses

$2,698

Mortgage P&I

70%

$1,615

Property Taxes

16%

$380

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis