REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2721 Midvale Dr, Rochester Hills, MI 48309

3 beds • 3 baths • 3079 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.75% first-year return on $113k initial cash invested.

-5.75%

Cash On Cash

4.88%

Cap Rate

0.83

DSCR

$4,279

Rent

-$542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,279 income − $4,821 expenses = $542 out of pocket

Income$4,279Out of Pocket$542Mortgage P&I$2,21252%Property Taxes$3949%Insurance$1614%Management$64215%CapEx$1714%Maintenance$1714%Other$1,07025%

Investment Breakdown

|

Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,560

Closing costs

1%

$4,528

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,279

Total Expenses

$4,821

Mortgage P&I

52%

$2,212

Property Taxes

9%

$394

Home Insurance

4%

$161

HOA

0%

$0

Property Management

15%

$642

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,070

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis