REI Lense

REI Lense

Unlock all features! Tap here to upgrade

29571 Lori St, Livonia, MI 48154

3 beds • 2 baths • 2235 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.5% first-year return on $85,872 initial cash invested.

-17.5%

Cash On Cash

1.55%

Cap Rate

0.26

DSCR

$1,406

Rent

-$1,252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,406 income − $2,658 expenses = $1,252 out of pocket

Income$1,406Out of Pocket$1,252Mortgage P&I$1,613115%Property Taxes$25418%Insurance$1168%Management$21115%CapEx$564%Maintenance$564%Other$35225%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,872

Downpayment

20%

$64,640

Closing costs

1%

$3,232

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,406

Total Expenses

$2,658

Mortgage P&I

115%

$1,613

Property Taxes

18%

$254

Home Insurance

8%

$116

HOA

0%

$0

Property Management

15%

$211

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$352

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis