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437 S Verlinden Ave, Lansing, MI 48915

3 beds • 2 baths • 2313 sqft

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This property looks like a bad Mid-Term investment with a projected -3.37% first-year return on $83,205 initial cash invested.

-3.37%

Cash On Cash

5.52%

Cap Rate

0.93

DSCR

$3,256

Rent

-$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,205

Downpayment

20%

$62,100

Closing costs

1%

$3,105

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,256

Total Expenses

$3,490

Mortgage P&I

47%

$1,533

Property Taxes

23%

$740

Home Insurance

3%

$110

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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