REI Lense

REI Lense

Unlock all features! Tap here to upgrade

316 Mohawk St, Dearborn, MI 48124

3 beds • 3 baths • 2185 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.18% first-year return on $111k initial cash invested.

-13.18%

Cash On Cash

3.17%

Cap Rate

0.52

DSCR

$3,185

Rent

-$1,220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,185 income − $4,405 expenses = $1,220 out of pocket

Income$3,185Out of Pocket$1,220Mortgage P&I$2,26271%Property Taxes$45614%Insurance$1595%Management$47815%CapEx$1274%Maintenance$1274%Other$79625%

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,620

Closing costs

1%

$4,431

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,185

Total Expenses

$4,405

Mortgage P&I

71%

$2,262

Property Taxes

14%

$456

Home Insurance

5%

$159

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis