REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

21799 Christenbury Creek Blvd, Macomb, MI 48044

3 beds • 3 baths • 2574 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.24% first-year return on $164k initial cash invested.

-23.24%

Cash On Cash

0.49%

Cap Rate

0.08

DSCR

$2,233

Rent

-$3,169

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$693k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$139k

Closing costs

1%

$6,934

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,233

Total Expenses

$5,402

Mortgage P&I

151%

$3,364

Property Taxes

30%

$679

Home Insurance

11%

$242

HOA

2%

$46

Property Management

15%

$335

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$558

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis