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1807 Shady Oak Ln, Lansing, MI 48906

3 beds • 3 baths • 1547 sqft

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This property might be a fair Long-Term investment with a projected 0.6% first-year return on $37,926 initial cash invested.

0.6%

Cash On Cash

7.07%

Cap Rate

1.11

DSCR

$1,749

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,926

Downpayment

20%

$36,120

Closing costs

1%

$1,806

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,749

Total Expenses

$1,730

Mortgage P&I

55%

$958

Property Taxes

15%

$266

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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