REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

33437 Somerset Dr, Sterling Heights, MI 48312

3 beds • 3 baths • 2664 sqft

Email

This property could be a profitable Airbnb investment with a projected 11.78% first-year return on $97,254 initial cash invested.

11.78%

Cash On Cash

9.71%

Cap Rate

1.66

DSCR

$6,401

Rent

$955

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,254

Downpayment

20%

$75,480

Closing costs

1%

$3,774

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$6,401

Total Expenses

$5,446

Mortgage P&I

29%

$1,844

Property Taxes

6%

$397

Home Insurance

2%

$133

HOA

0%

$0

Property Management

15%

$960

CapEx

4%

$256

Vacancy

0%

$0

Maintenance

4%

$256

Other

25%

$1,600

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis