REI Lense

REI Lense

Unlock all features! Tap here to upgrade

41220 Scarborough Ct, Clinton Township, MI 48038

3 beds • 4 baths • 3923 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.98% first-year return on $123k initial cash invested.

-13.98%

Cash On Cash

2.81%

Cap Rate

0.47

DSCR

$3,277

Rent

-$1,432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,277 income − $4,709 expenses = $1,432 out of pocket

Income$3,277Out of Pocket$1,432Mortgage P&I$2,47175%Property Taxes$49015%Insurance$1755%Management$49215%CapEx$1314%Maintenance$1314%Other$81925%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,960

Closing costs

1%

$4,998

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,277

Total Expenses

$4,709

Mortgage P&I

75%

$2,471

Property Taxes

15%

$490

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$492

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$819

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis