REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

11435 Farthing Dr, Sterling Heights, MI 48314

3 beds • 2 baths • 1134 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.13% first-year return on $79,698 initial cash invested.

-1.13%

Cash On Cash

6.27%

Cap Rate

1.04

DSCR

$3,530

Rent

-$75

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,530

Total Expenses

$3,605

Mortgage P&I

42%

$1,468

Property Taxes

10%

$341

Home Insurance

3%

$102

HOA

0%

$0

Property Management

15%

$530

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

House of your dream

$3,895

$197

3

2.5

1.66 mi

The heartwarming family home

$2,946

$149

3

2.5

1.67 mi

Entire Apartment near Hall Road

$2,373

$120

2

2.5

1.82 mi

Sterling Heights Getaway w/ Fire Pit!

$5,694

$288

3

2.5

1.09 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis