REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6135 E O Ave, Kalamazoo, MI 49048

3 beds • 3 baths • 2598 sqft

Email

This property might be a fair Airbnb investment with a projected 7.08% first-year return on $92,067 initial cash invested.

7.08%

Cash On Cash

8.48%

Cap Rate

1.43

DSCR

$5,194

Rent

$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,194 income − $4,651 expenses = $543 cash flow

Income$5,194Mortgage P&I$1,74134%Property Taxes$2986%Insurance$1192%Management$77915%CapEx$2084%Maintenance$2084%Other$1,29825%Cash Flow$543

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,067

Downpayment

20%

$70,540

Closing costs

1%

$3,527

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,194

Total Expenses

$4,651

Mortgage P&I

34%

$1,741

Property Taxes

6%

$298

Home Insurance

2%

$119

HOA

0%

$0

Property Management

15%

$779

CapEx

4%

$208

Vacancy

0%

$0

Maintenance

4%

$208

Other

25%

$1,298

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis