REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3231 Magnolia Cir, Kalamazoo, MI 49008

3 beds • 3 baths • 2251 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.18% first-year return on $84,276 initial cash invested.

-7.18%

Cash On Cash

4.4%

Cap Rate

0.75

DSCR

$3,185

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,185 income − $3,689 expenses = $504 out of pocket

Income$3,185Out of Pocket$504Mortgage P&I$1,53548%Property Taxes$51216%Insurance$1144%Management$47815%CapEx$1274%Maintenance$1274%Other$79625%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,276

Downpayment

20%

$63,120

Closing costs

1%

$3,156

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,185

Total Expenses

$3,689

Mortgage P&I

48%

$1,535

Property Taxes

16%

$512

Home Insurance

4%

$114

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