REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1706 Princeton Rd, Berkley, MI 48072

3 beds • 2 baths • 1789 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.91% first-year return on $93,390 initial cash invested.

-11.91%

Cash On Cash

3.22%

Cap Rate

0.54

DSCR

$2,743

Rent

-$927

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,743 income − $3,670 expenses = $927 out of pocket

Income$2,743Out of Pocket$927Mortgage P&I$1,77965%Property Taxes$44816%Insurance$1265%Management$41115%CapEx$1104%Maintenance$1104%Other$68625%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,743

Total Expenses

$3,670

Mortgage P&I

65%

$1,779

Property Taxes

16%

$448

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis