REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4461 Cordley Lake Rd, Pinckney, MI 48169

3 beds • 2 baths • 2186 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.44% first-year return on $156k initial cash invested.

-19.44%

Cash On Cash

1.61%

Cap Rate

0.27

DSCR

$3,801

Rent

-$2,534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,801 income − $6,335 expenses = $2,534 out of pocket

Income$3,801Out of Pocket$2,534Mortgage P&I$3,26486%Property Taxes$1,01127%Insurance$2366%Management$57015%CapEx$1524%Maintenance$1524%Other$95025%

Investment Breakdown

|

Purchase Price

$659k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$132k

Closing costs

1%

$6,592

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,801

Total Expenses

$6,335

Mortgage P&I

86%

$3,264

Property Taxes

27%

$1,011

Home Insurance

6%

$236

HOA

0%

$0

Property Management

15%

$570

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$950

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis