REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1804 Andrew St SE, Kentwood, MI 49508

3 beds • 2 baths • 1764 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.38% first-year return on $87,300 initial cash invested.

-10.38%

Cash On Cash

3.88%

Cap Rate

0.62

DSCR

$2,720

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,720 income − $3,475 expenses = $755 out of pocket

Income$2,720Out of Pocket$755Mortgage P&I$1,71363%Property Taxes$33812%Insurance$1184%Management$40815%CapEx$1094%Maintenance$1094%Other$68025%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,720

Total Expenses

$3,475

Mortgage P&I

63%

$1,713

Property Taxes

12%

$338

Home Insurance

4%

$118

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis