REI Lense

REI Lense

Unlock all features! Tap here to upgrade

246 Nicklas Ct, Oxford, MI 48371

3 beds • 3 baths • 2794 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.34% first-year return on $97,359 initial cash invested.

-1.34%

Cash On Cash

6.07%

Cap Rate

1.03

DSCR

$4,177

Rent

-$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,177 income − $4,286 expenses = $109 out of pocket

Income$4,177Out of Pocket$109Mortgage P&I$1,85444%Property Taxes$2706%Insurance$1574%Management$62715%CapEx$1674%Maintenance$1674%Other$1,04425%

Investment Breakdown

|

Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,359

Downpayment

20%

$75,580

Closing costs

1%

$3,779

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,177

Total Expenses

$4,286

Mortgage P&I

44%

$1,854

Property Taxes

6%

$270

Home Insurance

4%

$157

HOA

0%

$0

Property Management

15%

$627

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,044

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis