REI Lense

REI Lense

Unlock all features! Tap here to upgrade

14450 Northfield Blvd, Oak Park, MI 48237

3 beds • 3 baths • 3406 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.51% first-year return on $75,666 initial cash invested.

-14.51%

Cash On Cash

3.15%

Cap Rate

0.47

DSCR

$2,335

Rent

-$915

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,335 income − $3,250 expenses = $915 out of pocket

Income$2,335Out of Pocket$915Mortgage P&I$1,54266%Property Taxes$52522%Insurance$633%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,666

Downpayment

20%

$54,920

Closing costs

1%

$2,746

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,335

Total Expenses

$3,250

Mortgage P&I

66%

$1,542

Property Taxes

22%

$525

Home Insurance

3%

$63

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis