REI Lense

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$2,021 (target)

9864 Quandt Ave, Allen Park, MI 48101

3 beds • 2 baths • 1020 sqft

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This property might be a fair Long-Term investment with a projected 4.12% first-year return on $39,900 initial cash invested.

4.12%

Cash On Cash

8.06%

Cap Rate

1.23

DSCR

$2,021

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,021 income − $1,884 expenses = $137 cash flow

Income$2,021Mortgage P&I$1,03851%Property Taxes$25513%Insurance$663%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%Cash Flow$137

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,021

Total Expenses

$1,884

Mortgage P&I

51%

$1,038

Property Taxes

13%

$255

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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