REI Lense

REI Lense

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Target property

2678 Valley Dr, Ann Arbor, MI 48103

3 beds • 3 baths • 2394 sqft

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This property looks like a bad Airbnb investment with a projected -34.96% first-year return on $132k initial cash invested.

-34.96%

Cash On Cash

-2.52%

Cap Rate

-0.42

DSCR

$0

Rent

-$3,838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $3,838 expenses = $3,838 out of pocket

Income$0Out of Pocket$3,838Mortgage P&I$2,702Property Taxes$961Insurance$175

Investment Breakdown

|

Purchase Price

$542k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$108k

Closing costs

1%

$5,417

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$3,838

Mortgage P&I

27020000%

$2,702

Property Taxes

9610000%

$961

Home Insurance

1750000%

$175

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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