REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2630 Warner Dr, West Bloomfield, MI 48324

3 beds • 2 baths • 2672 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.46% first-year return on $133k initial cash invested.

-16.46%

Cash On Cash

2.14%

Cap Rate

0.37

DSCR

$3,461

Rent

-$1,822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,469

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,461

Total Expenses

$5,283

Mortgage P&I

77%

$2,660

Property Taxes

15%

$535

Home Insurance

6%

$203

HOA

7%

$225

Property Management

15%

$519

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$865

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis