REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8262 Vine Ave, Allen Park, MI 48101

3 beds • 2 baths • 2109 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.54% first-year return on $73,650 initial cash invested.

-5.54%

Cash On Cash

4.8%

Cap Rate

0.82

DSCR

$2,638

Rent

-$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,638 income − $2,978 expenses = $340 out of pocket

Income$2,638Out of Pocket$340Mortgage P&I$1,29549%Property Taxes$32212%Insurance$934%Management$39615%CapEx$1064%Maintenance$1064%Other$66025%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,638

Total Expenses

$2,978

Mortgage P&I

49%

$1,295

Property Taxes

12%

$322

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis