REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

300 W Nevada St, Highland Park, MI 48203

3 beds • 1 baths • 1314 sqft

Email

This property could be a profitable Airbnb investment with a projected 79.47% first-year return on $18,000 initial cash invested.

79.47%

Cash On Cash

999%

Cap Rate

999

DSCR

$2,324

Rent

$1,192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$0

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,000

Downpayment

0%

$0

Closing costs

0%

$0

Rehab

0%

$0

Furnishing

180000000%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$1,132

Property Taxes

1%

$13

Home Insurance

0%

$3

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

Long Term Stays! 3 BD Home Ferndale near Royal Oak

$1,931

$127

3

1

1.69 mi

NearEverything65”TVNewAppliancesBBQGrillFenced3B

$2,403

$158

3

1

1.71 mi

Bagley Beauty

$2,327

$153

3

1

1.76 mi

Fresh & Remodeled Getaway-Bonfire

$2,312

$152

3

1

1.81 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis