REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,419 (target)

9860 Havendale Dr, Brighton, MI 48114

3 beds • 2 baths • 1879 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.24% first-year return on $164k initial cash invested.

-11.24%

Cash On Cash

3.7%

Cap Rate

0.61

DSCR

$4,419

Rent

-$1,536

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,419 income − $5,955 expenses = $1,536 out of pocket

Income$4,419Out of Pocket$1,536Mortgage P&I$3,50279%Property Taxes$68215%Insurance$2435%HOA$251%Management$53012%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48611%

Investment Breakdown

|

Purchase Price

$695k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,949

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,419

Total Expenses

$5,955

Mortgage P&I

79%

$3,502

Property Taxes

15%

$682

Home Insurance

6%

$243

HOA

1%

$25

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$486

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis