REI Lense

REI Lense

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$4,812 (target)

9800 Sashabaw Rd, Clarkston, MI 48348

3 beds • 4 baths • 3350 sqft

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This property looks like a bad Mid-Term investment with a projected -9.95% first-year return on $176k initial cash invested.

-9.95%

Cash On Cash

3.81%

Cap Rate

0.65

DSCR

$4,812

Rent

-$1,458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$751k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,512

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,812

Total Expenses

$6,270

Mortgage P&I

76%

$3,653

Property Taxes

14%

$661

Home Insurance

7%

$315

HOA

0%

$7

Property Management

12%

$577

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$529

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