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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 Mid-Term investment with a projected 9.76% first-year return on $55,926 initial cash invested.

9.76%

Cash On Cash

10.09%

Cap Rate

1.58

DSCR

$2,624

Rent

$455

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

$55,926

Downpayment

20%

$36,120

Closing costs

1%

$1,806

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$2,169

Mortgage P&I

37%

$958

Property Taxes

10%

$266

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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