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 looks like a bad Airbnb investment with a projected -0.74% first-year return on $53,700 initial cash invested.

-0.74%

Cash On Cash

6.76%

Cap Rate

1.06

DSCR

$2,127

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$2,127

Total Expenses

$2,160

Mortgage P&I

43%

$905

Property Taxes

8%

$174

Home Insurance

3%

$60

HOA

0%

$0

Property Management

15%

$319

CapEx

4%

$85

Vacancy

0%

$0

Maintenance

4%

$85

Other

25%

$532

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis