REI Lense

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$3,644 (target)

9144 Deer Park Ct, Fenton, MI 48430

3 beds • 3 baths • 2404 sqft

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This property might be a fair Long-Term investment with a projected 7.15% first-year return on $81,060 initial cash invested.

7.15%

Cash On Cash

7.99%

Cap Rate

1.35

DSCR

$3,644

Rent

$483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,644 income − $3,161 expenses = $483 cash flow

Income$3,644Mortgage P&I$1,90552%Property Taxes$1745%Insurance$1354%Management$36410%CapEx$1825%Vacancy$2196%Maintenance$1825%Cash Flow$483

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,060

Downpayment

20%

$77,200

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,644

Total Expenses

$3,161

Mortgage P&I

52%

$1,905

Property Taxes

5%

$174

Home Insurance

4%

$135

HOA

0%

$0

Property Management

10%

$364

CapEx

5%

$182

Vacancy

6%

$219

Maintenance

5%

$182

Other

0%

$0

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