REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6112 Bemis Rd, Ypsilanti, MI 48197

3 beds • 2 baths • 1294 sqft

Email

This property looks like a bad Airbnb investment with a projected -7.8% first-year return on $70,605 initial cash invested.

-7.8%

Cash On Cash

4.69%

Cap Rate

0.73

DSCR

$2,430

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,430 income − $2,889 expenses = $459 out of pocket

Income$2,430Out of Pocket$459Mortgage P&I$1,34155%Property Taxes$29412%Insurance$884%Management$36415%CapEx$974%Maintenance$974%Other$60825%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,605

Downpayment

20%

$50,100

Closing costs

1%

$2,505

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,430

Total Expenses

$2,889

Mortgage P&I

55%

$1,341

Property Taxes

12%

$294

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$608

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis