REI Lense

REI Lense

Unlock all features! Tap here to upgrade

40127 Pallazo St, Clinton Township, MI 48038

3 beds • 2 baths • 1664 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.87% first-year return on $90,450 initial cash invested.

-4.87%

Cash On Cash

5.29%

Cap Rate

0.87

DSCR

$3,505

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,505 income − $3,872 expenses = $367 out of pocket

Income$3,505Out of Pocket$367Mortgage P&I$1,74950%Property Taxes$3209%Insurance$1213%Management$52615%CapEx$1404%Maintenance$1404%Other$87625%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,505

Total Expenses

$3,872

Mortgage P&I

50%

$1,749

Property Taxes

9%

$320

Home Insurance

3%

$121

HOA

0%

$0

Property Management

15%

$526

CapEx

4%

$140

Vacancy

0%

$0

Maintenance

4%

$140

Other

25%

$876

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis