REI Lense

REI Lense

Unlock all features! Tap here to upgrade

833 University Pl, Grosse Pointe, MI 48230

3 beds • 2 baths • 1456 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.31% first-year return on $90,387 initial cash invested.

-23.31%

Cash On Cash

-0.16%

Cap Rate

-0.03

DSCR

$854

Rent

-$1,756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$854 income − $2,610 expenses = $1,756 out of pocket

Income$854Out of Pocket$1,756Mortgage P&I$1,676196%Property Taxes$40247%Insurance$12214%Management$12815%CapEx$344%Maintenance$344%Other$21425%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,387

Downpayment

20%

$68,940

Closing costs

1%

$3,447

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$854

Total Expenses

$2,610

Mortgage P&I

196%

$1,676

Property Taxes

47%

$402

Home Insurance

14%

$122

HOA

0%

$0

Property Management

15%

$128

CapEx

4%

$34

Vacancy

0%

$0

Maintenance

4%

$34

Other

25%

$214

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis