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118 Williamsburg Rd, Lansing, MI 48917

3 beds • 2 baths • 1475 sqft

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This property looks like a bad Long-Term investment with a projected -10.67% first-year return on $56,553 initial cash invested.

-10.67%

Cash On Cash

4.02%

Cap Rate

0.68

DSCR

$1,640

Rent

-$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,553

Downpayment

20%

$53,860

Closing costs

1%

$2,693

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$2,143

Mortgage P&I

81%

$1,323

Property Taxes

18%

$303

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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2

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$1,100

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1

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$2,850

5

4

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0.6 mi

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