REI Lense

REI Lense

Unlock all features! Tap here to upgrade

60718 Campground Rd, Washington, MI 48094

3 beds • 2 baths • 1690 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.49% first-year return on $109k initial cash invested.

-13.49%

Cash On Cash

2.92%

Cap Rate

0.49

DSCR

$2,945

Rent

-$1,228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,945 income − $4,173 expenses = $1,228 out of pocket

Income$2,945Out of Pocket$1,228Mortgage P&I$2,16874%Property Taxes$44415%Insurance$1475%Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,880

Closing costs

1%

$4,344

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,945

Total Expenses

$4,173

Mortgage P&I

74%

$2,168

Property Taxes

15%

$444

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis