REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

122 Welch Blvd, Flint, MI 48503

4 beds • 2 baths • 2427 sqft

Email

This property could be a profitable Long-Term investment with a projected 114.29% first-year return on $6,279 initial cash invested.

114.29%

Cash On Cash

32.43%

Cap Rate

5.32

DSCR

$1,160

Rent

$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$29,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$6,279

Downpayment

20%

$5,980

Closing costs

1%

$299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,160

Total Expenses

$562

Mortgage P&I

13%

$152

Property Taxes

8%

$98

Home Insurance

1%

$10

HOA

0%

$0

Property Management

10%

$116

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

1510 Forest Hill Ave, Flint, MI 48504

$1,800

4

2

2441

0.9 mi

3087 Hatherly Ave, Flint, MI 48504

$1,100

4

2

1.6 mi

1709 Shamrock Ln, Flint, MI 48504

$950

4

2

2.3 mi

761 N Chevrolet Ave, Flint, MI 48504

$1,100

4

2

1576

1.2 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis