REI Lense

REI Lense

Unlock all features! Tap here to upgrade

26137 Joy Rd, Dearborn Heights, MI 48127

3 beds • 2 baths • 1735 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.07% first-year return on $97,800 initial cash invested.

-18.07%

Cash On Cash

1.77%

Cap Rate

0.29

DSCR

$1,727

Rent

-$1,473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,727 income − $3,200 expenses = $1,473 out of pocket

Income$1,727Out of Pocket$1,473Mortgage P&I$1,964114%Property Taxes$27416%Insurance$1338%Management$25915%CapEx$694%Maintenance$694%Other$43225%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,727

Total Expenses

$3,200

Mortgage P&I

114%

$1,964

Property Taxes

16%

$274

Home Insurance

8%

$133

HOA

0%

$0

Property Management

15%

$259

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$432

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis