REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2310 Grant St, Lansing, MI 48910

3 beds • 2 baths • 2052 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.14% first-year return on $65,250 initial cash invested.

-12.14%

Cash On Cash

3.4%

Cap Rate

0.52

DSCR

$1,971

Rent

-$660

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,971 income − $2,631 expenses = $660 out of pocket

Income$1,971Out of Pocket$660Mortgage P&I$1,21962%Property Taxes$38620%Insurance$794%Management$29615%CapEx$794%Maintenance$794%Other$49325%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,971

Total Expenses

$2,631

Mortgage P&I

62%

$1,219

Property Taxes

20%

$386

Home Insurance

4%

$79

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$493

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis