REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,313 (target)

895 Fairway Trails Dr, Brighton, MI 48116

3 beds • 2 baths • 1106 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.9% first-year return on $74,655 initial cash invested.

-9.9%

Cash On Cash

4.32%

Cap Rate

0.72

DSCR

$2,313

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,313 income − $2,929 expenses = $616 out of pocket

Income$2,313Out of Pocket$616Mortgage P&I$1,78177%Property Taxes$40818%Insurance$1386%Management$23110%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,655

Downpayment

20%

$71,100

Closing costs

1%

$3,555

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,313

Total Expenses

$2,929

Mortgage P&I

77%

$1,781

Property Taxes

18%

$408

Home Insurance

6%

$138

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis