REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3724 Brookfield Dr, Hudsonville, MI 49426

3 beds • 3 baths • 2200 sqft

Email

This property looks like a bad Airbnb investment with a projected -0.53% first-year return on $97,800 initial cash invested.

-0.53%

Cash On Cash

6.25%

Cap Rate

1.07

DSCR

$4,103

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,103 income − $4,146 expenses = $43 out of pocket

Income$4,103Out of Pocket$43Mortgage P&I$1,85745%Property Taxes$1875%Insurance$1333%Management$61515%CapEx$1644%Maintenance$1644%Other$1,02625%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,103

Total Expenses

$4,146

Mortgage P&I

45%

$1,857

Property Taxes

5%

$187

Home Insurance

3%

$133

HOA

0%

$0

Property Management

15%

$615

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,026

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis