REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

8025 Randy Dr, Westland, MI 48185

3 beds • 2 baths • 2073 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.04% first-year return on $68,883 initial cash invested.

-11.04%

Cash On Cash

3.61%

Cap Rate

0.57

DSCR

$2,262

Rent

-$634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,883

Downpayment

20%

$48,460

Closing costs

1%

$2,423

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,262

Total Expenses

$2,896

Mortgage P&I

56%

$1,273

Property Taxes

20%

$452

Home Insurance

4%

$86

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$566

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis