REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

585 Aquila Dr, East Lansing, MI 48823

3 beds • 3 baths • 3006 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.17% first-year return on $122k initial cash invested.

-18.17%

Cash On Cash

1.75%

Cap Rate

0.3

DSCR

$3,295

Rent

-$1,847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,295

Total Expenses

$5,142

Mortgage P&I

74%

$2,435

Property Taxes

23%

$747

Home Insurance

5%

$178

HOA

6%

$200

Property Management

15%

$494

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$824

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis