REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3457 Kersting Dr, Muskegon, MI 49444

3 beds • 2 baths • 1410 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.02% first-year return on $96,729 initial cash invested.

-14.02%

Cash On Cash

2.59%

Cap Rate

0.44

DSCR

$2,506

Rent

-$1,130

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,506 income − $3,636 expenses = $1,130 out of pocket

Income$2,506Out of Pocket$1,130Mortgage P&I$1,83973%Property Taxes$46419%Insurance$1315%Management$37615%CapEx$1004%Maintenance$1004%Other$62625%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,506

Total Expenses

$3,636

Mortgage P&I

73%

$1,839

Property Taxes

19%

$464

Home Insurance

5%

$131

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$626

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis