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 -15.38% first-year return on $110k initial cash invested.

-15.38%

Cash On Cash

2.43%

Cap Rate

0.41

DSCR

$3,303

Rent

-$1,407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,303 income − $4,710 expenses = $1,407 out of pocket

Income$3,303Out of Pocket$1,407Mortgage P&I$2,16165%Property Taxes$69021%Insurance$1495%HOA$1254%Management$49515%CapEx$1324%Maintenance$1324%Other$82625%

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

$3,303

Total Expenses

$4,710

Mortgage P&I

65%

$2,161

Property Taxes

21%

$690

Home Insurance

5%

$149

HOA

4%

$125

Property Management

15%

$495

CapEx

4%

$132

Vacancy

0%

$0

Maintenance

4%

$132

Other

25%

$826

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis