REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1421 Munson St, Burton, MI 48509

3 beds • 2 baths • 1678 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.11% first-year return on $53,700 initial cash invested.

-3.11%

Cash On Cash

6.35%

Cap Rate

0.94

DSCR

$1,971

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,971 income − $2,110 expenses = $139 out of pocket

Income$1,971Out of Pocket$139Mortgage P&I$96049%Property Taxes$1437%Insurance$603%Management$29615%CapEx$794%Maintenance$794%Other$49325%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,971

Total Expenses

$2,110

Mortgage P&I

49%

$960

Property Taxes

7%

$143

Home Insurance

3%

$60

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$493

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis