REI Lense

REI Lense

Unlock all features! Tap here to upgrade

50492 Heatherwood Ln, Shelby Township, MI 48317

3 beds • 3 baths • 2733 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.34% first-year return on $141k initial cash invested.

-20.34%

Cash On Cash

1.23%

Cap Rate

0.21

DSCR

$2,336

Rent

-$2,389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $4,725 expenses = $2,389 out of pocket

Income$2,336Out of Pocket$2,389Mortgage P&I$2,895124%Property Taxes$50021%Insurance$2109%Management$35015%CapEx$934%Maintenance$934%Other$58425%

Investment Breakdown

|

Purchase Price

$586k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,856

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$4,725

Mortgage P&I

124%

$2,895

Property Taxes

21%

$500

Home Insurance

9%

$210

HOA

0%

$0

Property Management

15%

$350

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$584

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis