REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,979 (target)

9484 Bonnie Briar St, White Lake, MI 48386

3 beds • 2 baths • 1800 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.63% first-year return on $106k initial cash invested.

-10.63%

Cash On Cash

3.97%

Cap Rate

0.63

DSCR

$2,979

Rent

-$941

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,979 income − $3,920 expenses = $941 out of pocket

Income$2,979Out of Pocket$941Mortgage P&I$2,21374%Property Taxes$54618%Insurance$1495%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,060

Closing costs

1%

$4,203

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,979

Total Expenses

$3,920

Mortgage P&I

74%

$2,213

Property Taxes

18%

$546

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis