REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1383 Cranbrook Dr, Saginaw, MI 48638

3 beds • 3 baths • 1834 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.79% first-year return on $73,188 initial cash invested.

-1.79%

Cash On Cash

6.09%

Cap Rate

1.01

DSCR

$3,033

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,033 income − $3,142 expenses = $109 out of pocket

Income$3,033Out of Pocket$109Mortgage P&I$1,32144%Property Taxes$2729%Insurance$943%Management$45515%CapEx$1214%Maintenance$1214%Other$75825%

Investment Breakdown

|

Purchase Price

$263k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,188

Downpayment

20%

$52,560

Closing costs

1%

$2,628

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,033

Total Expenses

$3,142

Mortgage P&I

44%

$1,321

Property Taxes

9%

$272

Home Insurance

3%

$94

HOA

0%

$0

Property Management

15%

$455

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$758

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis