REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

16152 Kingsway Dr, Macomb, MI 48044

3 beds • 4 baths • 3350 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.75% first-year return on $114k initial cash invested.

-19.75%

Cash On Cash

1.15%

Cap Rate

0.2

DSCR

$2,099

Rent

-$1,876

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,440

Closing costs

1%

$4,572

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,099

Total Expenses

$3,975

Mortgage P&I

106%

$2,230

Property Taxes

26%

$541

Home Insurance

8%

$171

HOA

1%

$25

Property Management

15%

$315

CapEx

4%

$84

Vacancy

0%

$0

Maintenance

4%

$84

Other

25%

$525

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis