REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,680 (target)

961 Jolly Rd, Okemos, MI 48864

3 beds • 2 baths • 1911 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.44% first-year return on $96,621 initial cash invested.

-18.44%

Cash On Cash

2.2%

Cap Rate

0.38

DSCR

$1,680

Rent

-$1,485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,621

Downpayment

20%

$92,020

Closing costs

1%

$4,601

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,680

Total Expenses

$3,165

Mortgage P&I

134%

$2,244

Property Taxes

19%

$318

Home Insurance

10%

$166

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis