REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8364 Atlanta Dr NE, Rockford, MI 49341

3 beds • 2 baths • 1800 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.73% first-year return on $90,891 initial cash invested.

-14.73%

Cash On Cash

2.52%

Cap Rate

0.41

DSCR

$1,834

Rent

-$1,116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,834 income − $2,950 expenses = $1,116 out of pocket

Income$1,834Out of Pocket$1,116Mortgage P&I$1,77297%Property Taxes$17510%Insurance$1247%Management$27515%CapEx$734%Maintenance$734%Other$45825%

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,891

Downpayment

20%

$69,420

Closing costs

1%

$3,471

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,834

Total Expenses

$2,950

Mortgage P&I

97%

$1,772

Property Taxes

10%

$175

Home Insurance

7%

$124

HOA

0%

$0

Property Management

15%

$275

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$458

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis