REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

34215 Zimmer Dr, Sterling Heights, MI 48310

3 beds • 2 baths • 1488 sqft

Email

This property looks like a bad Airbnb investment with a projected -0.86% first-year return on $77,829 initial cash invested.

-0.86%

Cash On Cash

6.31%

Cap Rate

1.05

DSCR

$3,252

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,252

Total Expenses

$3,308

Mortgage P&I

44%

$1,424

Property Taxes

7%

$223

Home Insurance

3%

$100

HOA

0%

$0

Property Management

15%

$488

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$813

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

1 story ranch home in Sterling Heights, MI

$2,239

$115

3

2

0.35 mi

3b1b private unit within a duplex

$1,421

$73

3

1

0.19 mi

Metro Detroit Stylish Hide Away

$2,647

$136

3

1.5

0.89 mi

Cozy 5BD Oasis | Near Troy/Sterling

$4,516

$232

3

2.5

1.68 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis