REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,120 (target)

90 Kingman Ave W, Battle Creek, MI 49014

3 beds • 2 baths • 1056 sqft

Email

This property could be a profitable Mid-Term investment with a projected 15.64% first-year return on $44,208 initial cash invested.

15.64%

Cash On Cash

12.82%

Cap Rate

1.98

DSCR

$2,120

Rent

$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,120 income − $1,544 expenses = $576 cash flow

Income$2,120Mortgage P&I$67232%Property Taxes$1045%Insurance$472%Management$25412%CapEx$854%Vacancy$643%Maintenance$854%Other$23311%Cash Flow$576

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,208

Downpayment

20%

$24,960

Closing costs

1%

$1,248

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,120

Total Expenses

$1,544

Mortgage P&I

32%

$672

Property Taxes

5%

$104

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis