REI Lense

REI Lense

Unlock all features! Tap here to upgrade

31350 Wentworth St, Livonia, MI 48154

3 beds • 2 baths • 2792 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.31% first-year return on $96,288 initial cash invested.

-10.31%

Cash On Cash

3.65%

Cap Rate

0.62

DSCR

$2,939

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,939 income − $3,766 expenses = $827 out of pocket

Income$2,939Out of Pocket$827Mortgage P&I$1,84363%Property Taxes$37613%Insurance$1355%Management$44115%CapEx$1184%Maintenance$1184%Other$73525%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,288

Downpayment

20%

$74,560

Closing costs

1%

$3,728

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,939

Total Expenses

$3,766

Mortgage P&I

63%

$1,843

Property Taxes

13%

$376

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$735

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis