REI Lense

REI Lense

Unlock all features! Tap here to upgrade

18708 Robson St, Detroit, MI 48235

3 beds • 2 baths • 2068 sqft

Email

This property could be a profitable Airbnb investment with a projected 12.45% first-year return on $53,700 initial cash invested.

12.45%

Cash On Cash

11.24%

Cap Rate

1.76

DSCR

$3,260

Rent

$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,260 income − $2,703 expenses = $557 cash flow

Income$3,260Mortgage P&I$90528%Property Taxes$1745%Insurance$602%Management$48915%CapEx$1304%Maintenance$1304%Other$81525%Cash Flow$557

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,260

Total Expenses

$2,703

Mortgage P&I

28%

$905

Property Taxes

5%

$174

Home Insurance

2%

$60

HOA

0%

$0

Property Management

15%

$489

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$815

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis