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 -7.61% first-year return on $60,861 initial cash invested.

-7.61%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$2,425

Rent

-$386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,425 income − $2,811 expenses = $386 out of pocket

Income$2,425Out of Pocket$386Mortgage P&I$1,01242%Property Taxes$53922%Insurance$964%Management$36415%CapEx$974%Maintenance$974%Other$60625%

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

$2,425

Total Expenses

$2,811

Mortgage P&I

42%

$1,012

Property Taxes

22%

$539

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis