REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4693 Forest Ave, Waterford, MI 48328

3 beds • 3 baths • 3245 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.65% first-year return on $151k initial cash invested.

-16.65%

Cash On Cash

2.16%

Cap Rate

0.37

DSCR

$3,426

Rent

-$2,099

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,348

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,426

Total Expenses

$5,525

Mortgage P&I

91%

$3,102

Property Taxes

16%

$543

Home Insurance

7%

$236

HOA

0%

$0

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$856

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis