REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7360 Dover Dr, Ypsilanti, MI 48197

3 beds • 4 baths • 1878 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.66% first-year return on $85,746 initial cash invested.

-11.66%

Cash On Cash

3.62%

Cap Rate

0.57

DSCR

$2,662

Rent

-$833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,662 income − $3,495 expenses = $833 out of pocket

Income$2,662Out of Pocket$833Mortgage P&I$1,69964%Property Taxes$36714%Insurance$1305%HOA$221%Management$39915%CapEx$1064%Maintenance$1064%Other$66625%

Investment Breakdown

|

Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,746

Downpayment

20%

$64,520

Closing costs

1%

$3,226

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,662

Total Expenses

$3,495

Mortgage P&I

64%

$1,699

Property Taxes

14%

$367

Home Insurance

5%

$130

HOA

1%

$22

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$666

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis