REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7374 Belfont Ct, Ypsilanti, MI 48197

3 beds • 3 baths • 3066 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.45% first-year return on $128k initial cash invested.

-19.45%

Cash On Cash

1.62%

Cap Rate

0.26

DSCR

$2,678

Rent

-$2,069

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $4,747 expenses = $2,069 out of pocket

Income$2,678Out of Pocket$2,069Mortgage P&I$2,665100%Property Taxes$56221%Insurance$1847%HOA$502%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

|

Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$104k

Closing costs

1%

$5,221

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$4,747

Mortgage P&I

100%

$2,665

Property Taxes

21%

$562

Home Insurance

7%

$184

HOA

2%

$50

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis