REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4663 Buchanan Ave, Warren, MI 48092

3 beds • 2 baths • 2230 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.2% first-year return on $60,861 initial cash invested.

-14.2%

Cash On Cash

2.13%

Cap Rate

0.36

DSCR

$1,782

Rent

-$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,782 income − $2,502 expenses = $720 out of pocket

Income$1,782Out of Pocket$720Mortgage P&I$1,01257%Property Taxes$53930%Insurance$965%Management$26715%CapEx$714%Maintenance$714%Other$44625%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,861

Downpayment

20%

$40,820

Closing costs

1%

$2,041

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,782

Total Expenses

$2,502

Mortgage P&I

57%

$1,012

Property Taxes

30%

$539

Home Insurance

5%

$96

HOA

0%

$0

Property Management

15%

$267

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$446

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis