REI Lense

REI Lense

Unlock all features! Tap here to upgrade

11363 Riverdale, Redford, MI 48239

3 beds • 2 baths • 1220 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.21% first-year return on $66,069 initial cash invested.

-23.21%

Cash On Cash

0.12%

Cap Rate

0.02

DSCR

$1,365

Rent

-$1,278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,365 income − $2,643 expenses = $1,278 out of pocket

Income$1,365Out of Pocket$1,278Mortgage P&I$1,24691%Property Taxes$66148%Insurance$806%Management$20515%CapEx$554%Maintenance$554%Other$34125%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,069

Downpayment

20%

$45,780

Closing costs

1%

$2,289

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,365

Total Expenses

$2,643

Mortgage P&I

91%

$1,246

Property Taxes

48%

$661

Home Insurance

6%

$80

HOA

0%

$0

Property Management

15%

$205

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$341

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis