REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1236 Edgewood Rd, Birmingham, MI 48009

3 beds • 5 baths • 3354 sqft

$1,009,800

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -18.97% first-year return on $230k initial cash invested.

-18.97%

Cash On Cash

1.93%

Cap Rate

0.32

DSCR

$5,633

Rent

-$3,637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,633 income − $9,270 expenses = $3,637 out of pocket

Income$5,633Out of Pocket$3,637Mortgage P&I$5,04089%Property Taxes$1,16021%Insurance$3677%Management$84515%CapEx$2254%Maintenance$2254%Other$1,40825%

Investment Breakdown

|

Purchase Price

$1010k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$230k

Downpayment

20%

$202k

Closing costs

1%

$10,098

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,633

Total Expenses

$9,270

Mortgage P&I

89%

$5,040

Property Taxes

21%

$1,160

Home Insurance

7%

$367

HOA

0%

$0

Property Management

15%

$845

CapEx

4%

$225

Vacancy

0%

$0

Maintenance

4%

$225

Other

25%

$1,408

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis