REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,394 (target)

9298 Varodell Dr, Davison, MI 48423

3 beds • 2 baths • 2384 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.81% first-year return on $58,947 initial cash invested.

-9.81%

Cash On Cash

4.85%

Cap Rate

0.76

DSCR

$2,394

Rent

-$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $2,876 expenses = $482 out of pocket

Income$2,394Out of Pocket$482Mortgage P&I$1,49763%Property Taxes$66928%Insurance$874%Management$23910%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$281k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,947

Downpayment

20%

$56,140

Closing costs

1%

$2,807

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,394

Total Expenses

$2,876

Mortgage P&I

63%

$1,497

Property Taxes

28%

$669

Home Insurance

4%

$87

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis