REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2229 Hillcrescent Dr, Troy, MI 48085

3 beds • 2 baths • 2003 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.95% first-year return on $92,550 initial cash invested.

-5.95%

Cash On Cash

4.79%

Cap Rate

0.81

DSCR

$3,353

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,353 income − $3,812 expenses = $459 out of pocket

Income$3,353Out of Pocket$459Mortgage P&I$1,74152%Property Taxes$33510%Insurance$1244%HOA$3Management$50315%CapEx$1344%Maintenance$1344%Other$83825%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,353

Total Expenses

$3,812

Mortgage P&I

52%

$1,741

Property Taxes

10%

$335

Home Insurance

4%

$124

HOA

0%

$3

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$838

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis