REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1028 Knightsbridge Rd, Canton, MI 48187

3 beds • 3 baths • 1698 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.65% first-year return on $99,606 initial cash invested.

-11.65%

Cash On Cash

3.45%

Cap Rate

0.57

DSCR

$3,094

Rent

-$967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,094 income − $4,061 expenses = $967 out of pocket

Income$3,094Out of Pocket$967Mortgage P&I$1,96163%Property Taxes$46915%Insurance$1405%HOA$5Management$46415%CapEx$1244%Maintenance$1244%Other$77425%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,606

Downpayment

20%

$77,720

Closing costs

1%

$3,886

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,094

Total Expenses

$4,061

Mortgage P&I

63%

$1,961

Property Taxes

15%

$469

Home Insurance

5%

$140

HOA

0%

$5

Property Management

15%

$464

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$774

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis