REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,434 (target)

8965 Van Gordon Ave, White Lake, MI 48386

3 beds • 2 baths • 1325 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $102k initial cash invested.

-0.64%

Cash On Cash

6.24%

Cap Rate

1.04

DSCR

$3,434

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,434 income − $3,488 expenses = $54 out of pocket

Income$3,434Out of Pocket$54Mortgage P&I$1,99158%Property Taxes$1906%Insurance$1404%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,434

Total Expenses

$3,488

Mortgage P&I

58%

$1,991

Property Taxes

6%

$190

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis