REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,908 (target)

9649 E 48th Rd, Cadillac, MI 49601

3 beds • 2 baths • 1971 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.24% first-year return on $72,579 initial cash invested.

3.24%

Cash On Cash

7.67%

Cap Rate

1.23

DSCR

$2,908

Rent

$196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,908 income − $2,712 expenses = $196 cash flow

Income$2,908Mortgage P&I$1,35046%Property Taxes$28310%Insurance$913%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%Cash Flow$196

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,908

Total Expenses

$2,712

Mortgage P&I

46%

$1,350

Property Taxes

10%

$283

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis