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1560 Cahill Dr, East Lansing, MI 48823

3 beds • 2 baths • 1469 sqft

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This property might be a fair Mid-Term investment with a projected 6.4% first-year return on $80,643 initial cash invested.

6.4%

Cash On Cash

8.17%

Cap Rate

1.4

DSCR

$3,747

Rent

$430

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,643

Downpayment

20%

$59,660

Closing costs

1%

$2,983

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,747

Total Expenses

$3,317

Mortgage P&I

39%

$1,451

Property Taxes

13%

$493

Home Insurance

3%

$99

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$112

Maintenance

4%

$150

Other

11%

$412

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