REI Lense

REI Lense

Unlock all features! Tap here to upgrade

756 Great Oaks Dr, Bloomfield Hills, MI 48304

3 beds • 3 baths • 3511 sqft

Email

This property looks like a bad Airbnb investment with a projected -22.96% first-year return on $197k initial cash invested.

-22.96%

Cash On Cash

0.84%

Cap Rate

0.14

DSCR

$2,783

Rent

-$3,760

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,783 income − $6,543 expenses = $3,760 out of pocket

Income$2,783Out of Pocket$3,760Mortgage P&I$4,242152%Property Taxes$65824%Insurance$29811%HOA$10Management$41715%CapEx$1114%Maintenance$1114%Other$69625%

Investment Breakdown

|

Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$170k

Closing costs

1%

$8,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,783

Total Expenses

$6,543

Mortgage P&I

152%

$4,242

Property Taxes

24%

$658

Home Insurance

11%

$298

HOA

0%

$10

Property Management

15%

$417

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$696

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis