REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3290 Signal Point Dr, Allegan, MI 49010

3 beds • 2 baths • 1332 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.29% first-year return on $96,078 initial cash invested.

-7.29%

Cash On Cash

4.54%

Cap Rate

0.76

DSCR

$3,326

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$372k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,078

Downpayment

20%

$74,360

Closing costs

1%

$3,718

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$3,910

Mortgage P&I

56%

$1,857

Property Taxes

10%

$325

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$499

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis