REI Lense

REI Lense

Unlock all features! Tap here to upgrade

825 Summer Creek Ct SE, Kentwood, MI 49508

3 beds • 3 baths • 2006 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.46% first-year return on $99,816 initial cash invested.

-15.46%

Cash On Cash

2.34%

Cap Rate

0.39

DSCR

$2,851

Rent

-$1,286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,851 income − $4,137 expenses = $1,286 out of pocket

Income$2,851Out of Pocket$1,286Mortgage P&I$1,93268%Property Taxes$70325%Insurance$1335%Management$42815%CapEx$1144%Maintenance$1144%Other$71325%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,816

Downpayment

20%

$77,920

Closing costs

1%

$3,896

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,851

Total Expenses

$4,137

Mortgage P&I

68%

$1,932

Property Taxes

25%

$703

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$713

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis