REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

11480 Hanford Dr, Warren, MI 48093

3 beds • 2 baths • 2048 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.74% first-year return on $59,979 initial cash invested.

-6.74%

Cash On Cash

4.77%

Cap Rate

0.76

DSCR

$1,997

Rent

-$337

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,997

Total Expenses

$2,334

Mortgage P&I

53%

$1,051

Property Taxes

13%

$254

Home Insurance

4%

$70

HOA

0%

$0

Property Management

15%

$300

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$499

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Comfortable home in a quite neighborhood.

$2,029

$115

3

2.5

0.92 mi

Beautiful Center Line 3BR: pet/EV friendly

$2,293

$130

3

1

1.47 mi

Woods Of Warren

$2,205

$125

3

1

1.47 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