REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8334 Crab Apple Trl, Dexter, MI 48130

3 beds • 3 baths • 2764 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.75% first-year return on $110k initial cash invested.

-17.75%

Cash On Cash

1.79%

Cap Rate

0.3

DSCR

$2,888

Rent

-$1,624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,888 income − $4,512 expenses = $1,624 out of pocket

Income$2,888Out of Pocket$1,624Mortgage P&I$2,16175%Property Taxes$69024%Insurance$1495%HOA$1254%Management$43315%CapEx$1164%Maintenance$1164%Other$72225%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,420

Closing costs

1%

$4,371

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,888

Total Expenses

$4,512

Mortgage P&I

75%

$2,161

Property Taxes

24%

$690

Home Insurance

5%

$149

HOA

4%

$125

Property Management

15%

$433

CapEx

4%

$116

Vacancy

0%

$0

Maintenance

4%

$116

Other

25%

$722

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis