REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

28696 Patricia Ave, Warren, MI 48092

3 beds • 2 baths • 1813 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.46% first-year return on $70,500 initial cash invested.

-3.46%

Cash On Cash

5.89%

Cap Rate

0.93

DSCR

$2,686

Rent

-$203

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,686

Total Expenses

$2,889

Mortgage P&I

49%

$1,323

Property Taxes

7%

$189

Home Insurance

3%

$88

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis