REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6480 Grand Circle Dr, Brighton, MI 48116

3 beds • 3 baths • 2286 sqft

Email

This property might be a fair Airbnb investment with a projected 2.07% first-year return on $114k initial cash invested.

2.07%

Cash On Cash

7.24%

Cap Rate

1.18

DSCR

$5,693

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,693 income − $5,496 expenses = $197 cash flow

Income$5,693Mortgage P&I$2,33641%Property Taxes$2615%Insurance$1633%HOA$3Management$85415%CapEx$2284%Maintenance$2284%Other$1,42325%Cash Flow$197

Investment Breakdown

|

Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,500

Closing costs

1%

$4,575

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,693

Total Expenses

$5,496

Mortgage P&I

41%

$2,336

Property Taxes

5%

$261

Home Insurance

3%

$163

HOA

0%

$3

Property Management

15%

$854

CapEx

4%

$228

Vacancy

0%

$0

Maintenance

4%

$228

Other

25%

$1,423

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis