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 might be a fair Airbnb investment with a projected 1.18% first-year return on $92,550 initial cash invested.

1.18%

Cash On Cash

6.79%

Cap Rate

1.15

DSCR

$4,413

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,413 income − $4,322 expenses = $91 cash flow

Income$4,413Mortgage P&I$1,74139%Property Taxes$3358%Insurance$1243%HOA$3Management$66215%CapEx$1774%Maintenance$1774%Other$1,10325%Cash Flow$91

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

$4,413

Total Expenses

$4,322

Mortgage P&I

39%

$1,741

Property Taxes

8%

$335

Home Insurance

3%

$124

HOA

0%

$3

Property Management

15%

$662

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,103

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis