REI Lense

REI Lense

Unlock all features! Tap here to upgrade

27901 Grobbel Dr, Warren, MI 48092

3 beds • 3 baths • 2850 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.05% first-year return on $81,756 initial cash invested.

-12.05%

Cash On Cash

3.88%

Cap Rate

0.58

DSCR

$2,991

Rent

-$821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $3,812 expenses = $821 out of pocket

Income$2,991Out of Pocket$821Mortgage P&I$1,68256%Property Taxes$58820%Insurance$1054%Management$44915%CapEx$1204%Maintenance$1204%Other$74825%

Investment Breakdown

|

Purchase Price

$304k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,756

Downpayment

20%

$60,720

Closing costs

1%

$3,036

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,812

Mortgage P&I

56%

$1,682

Property Taxes

20%

$588

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis