REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,000 (target)

9145 Apple Orchard Dr, Fenton, MI 48430

3 beds • 3 baths • 2843 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.69% first-year return on $105k initial cash invested.

8.69%

Cash On Cash

8.84%

Cap Rate

1.46

DSCR

$5,000

Rent

$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,000 income − $4,238 expenses = $762 cash flow

Income$5,000Mortgage P&I$2,09742%Property Taxes$2886%Insurance$1533%Management$60012%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$55011%Cash Flow$762

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,080

Closing costs

1%

$4,154

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,000

Total Expenses

$4,238

Mortgage P&I

42%

$2,097

Property Taxes

6%

$288

Home Insurance

3%

$153

HOA

0%

$0

Property Management

12%

$600

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$550

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis