REI Lense

REI Lense

Unlock all features! Tap here to upgrade

11656 Majestic Ct, Shelby Township, MI 48315

3 beds • 4 baths • 5063 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.23% first-year return on $130k initial cash invested.

-20.23%

Cash On Cash

1.23%

Cap Rate

0.21

DSCR

$2,520

Rent

-$2,199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,520 income − $4,719 expenses = $2,199 out of pocket

Income$2,520Out of Pocket$2,199Mortgage P&I$2,645105%Property Taxes$64926%Insurance$1867%HOA$291%Management$37815%CapEx$1014%Maintenance$1014%Other$63025%

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,353

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,520

Total Expenses

$4,719

Mortgage P&I

105%

$2,645

Property Taxes

26%

$649

Home Insurance

7%

$186

HOA

1%

$29

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis