REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4180 Shoals Dr, Okemos, MI 48864

3 beds • 3 baths • 3380 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.16% first-year return on $119k initial cash invested.

-12.16%

Cash On Cash

3.29%

Cap Rate

0.55

DSCR

$3,704

Rent

-$1,204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,704 income − $4,908 expenses = $1,204 out of pocket

Income$3,704Out of Pocket$1,204Mortgage P&I$2,37364%Property Taxes$58916%Insurance$1685%Management$55615%CapEx$1484%Maintenance$1484%Other$92625%

Investment Breakdown

|

Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,000

Closing costs

1%

$4,800

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,704

Total Expenses

$4,908

Mortgage P&I

64%

$2,373

Property Taxes

16%

$589

Home Insurance

5%

$168

HOA

0%

$0

Property Management

15%

$556

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$926

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis