REI Lense

REI Lense

Unlock all features! Tap here to upgrade

51763 Battanwood Dr, Macomb, MI 48042

3 beds • 3 baths • 4160 sqft

Email

This property looks like a bad Airbnb investment with a projected -25.91% first-year return on $152k initial cash invested.

-25.91%

Cash On Cash

0.07%

Cap Rate

0.01

DSCR

$1,580

Rent

-$3,282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,580 income − $4,862 expenses = $3,282 out of pocket

Income$1,580Out of Pocket$3,282Mortgage P&I$3,257206%Property Taxes$60838%Insurance$22714%HOA$121%Management$23715%CapEx$634%Maintenance$634%Other$39525%

Investment Breakdown

|

Purchase Price

$638k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$128k

Closing costs

1%

$6,380

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,580

Total Expenses

$4,862

Mortgage P&I

206%

$3,257

Property Taxes

38%

$608

Home Insurance

14%

$227

HOA

1%

$12

Property Management

15%

$237

CapEx

4%

$63

Vacancy

0%

$0

Maintenance

4%

$63

Other

25%

$395

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis