REI Lense

REI Lense

Unlock all features! Tap here to upgrade

27869 Old Colony St, Farmington Hills, MI 48334

3 beds • 3 baths • 2551 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.4% first-year return on $130k initial cash invested.

-16.4%

Cash On Cash

2.17%

Cap Rate

0.37

DSCR

$3,068

Rent

-$1,779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,340

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,068

Total Expenses

$4,847

Mortgage P&I

85%

$2,620

Property Taxes

18%

$558

Home Insurance

6%

$196

HOA

0%

$0

Property Management

15%

$460

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$767

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis