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1159 Marigold Ave, East Lansing, MI 48823

3 beds • 2 baths • 1578 sqft

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This property might be a fair Mid-Term investment with a projected 8.15% first-year return on $85,830 initial cash invested.

8.15%

Cash On Cash

8.67%

Cap Rate

1.47

DSCR

$4,016

Rent

$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,830

Downpayment

20%

$64,600

Closing costs

1%

$3,230

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,016

Total Expenses

$3,433

Mortgage P&I

40%

$1,589

Property Taxes

10%

$382

Home Insurance

2%

$96

HOA

0%

$0

Property Management

12%

$482

CapEx

4%

$161

Vacancy

3%

$120

Maintenance

4%

$161

Other

11%

$442

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