REI Lense

REI Lense

Unlock all features! Tap here to upgrade

120 Westdale Dr, Howell, MI 48843

3 beds • 2 baths • 1644 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.09% first-year return on $84,801 initial cash invested.

-1.09%

Cash On Cash

6.32%

Cap Rate

1.04

DSCR

$3,692

Rent

-$77

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,692 income − $3,769 expenses = $77 out of pocket

Income$3,692Out of Pocket$77Mortgage P&I$1,60543%Property Taxes$2647%Insurance$1213%HOA$6Management$55415%CapEx$1484%Maintenance$1484%Other$92325%

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,801

Downpayment

20%

$63,620

Closing costs

1%

$3,181

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,692

Total Expenses

$3,769

Mortgage P&I

43%

$1,605

Property Taxes

7%

$264

Home Insurance

3%

$121

HOA

0%

$6

Property Management

15%

$554

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$923

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis