REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1795 Howell Hwy, Adrian, MI 49221

3 beds • 3 baths • 2106 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.88% first-year return on $75,729 initial cash invested.

-11.88%

Cash On Cash

2.89%

Cap Rate

0.49

DSCR

$1,741

Rent

-$750

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,741 income − $2,491 expenses = $750 out of pocket

Income$1,741Out of Pocket$750Mortgage P&I$1,34377%Property Taxes$21612%Insurance$966%Management$26115%CapEx$704%Maintenance$704%Other$43525%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,729

Downpayment

20%

$54,980

Closing costs

1%

$2,749

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,741

Total Expenses

$2,491

Mortgage P&I

77%

$1,343

Property Taxes

12%

$216

Home Insurance

6%

$96

HOA

0%

$0

Property Management

15%

$261

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$435

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis