REI Lense

REI Lense

Unlock all features! Tap here to upgrade

9144 Deer Park Ct, Fenton, MI 48430

3 beds • 3 baths • 2404 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.41% first-year return on $99,060 initial cash invested.

-8.41%

Cash On Cash

4.13%

Cap Rate

0.7

DSCR

$2,922

Rent

-$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,922 income − $3,616 expenses = $694 out of pocket

Income$2,922Out of Pocket$694Mortgage P&I$1,90565%Property Taxes$1746%Insurance$1355%Management$43815%CapEx$1174%Maintenance$1174%Other$73025%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,060

Downpayment

20%

$77,200

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,922

Total Expenses

$3,616

Mortgage P&I

65%

$1,905

Property Taxes

6%

$174

Home Insurance

5%

$135

HOA

0%

$0

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis