REI Lense

REI Lense

Unlock all features! Tap here to upgrade

759 Washington Rd, Grosse Pointe, MI 48230

3 beds • 3 baths • 2491 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.22% first-year return on $126k initial cash invested.

-14.22%

Cash On Cash

2.97%

Cap Rate

0.49

DSCR

$3,759

Rent

-$1,495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,759 income − $5,254 expenses = $1,495 out of pocket

Income$3,759Out of Pocket$1,495Mortgage P&I$2,62070%Property Taxes$62016%Insurance$2106%Management$56415%CapEx$1504%Maintenance$1504%Other$94025%

Investment Breakdown

|

Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,152

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,759

Total Expenses

$5,254

Mortgage P&I

70%

$2,620

Property Taxes

16%

$620

Home Insurance

6%

$210

HOA

0%

$0

Property Management

15%

$564

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$940

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis