REI Lense

REI Lense

Unlock all features! Tap here to upgrade

50800 Alden Dr, Macomb, MI 48044

3 beds • 3 baths • 2000 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.97% first-year return on $110k initial cash invested.

-15.97%

Cash On Cash

2.32%

Cap Rate

0.38

DSCR

$2,525

Rent

-$1,463

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,525 income − $3,988 expenses = $1,463 out of pocket

Income$2,525Out of Pocket$1,463Mortgage P&I$2,21088%Property Taxes$40816%Insurance$1586%Management$37915%CapEx$1014%Maintenance$1014%Other$63125%

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,560

Closing costs

1%

$4,378

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,525

Total Expenses

$3,988

Mortgage P&I

88%

$2,210

Property Taxes

16%

$408

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$379

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$631

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis