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4906 Conners Ave, Lansing, MI 48911

3 beds • 2 baths • 1431 sqft

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This property looks like a bad Long-Term investment with a projected -8.02% first-year return on $40,677 initial cash invested.

-8.02%

Cash On Cash

5.09%

Cap Rate

0.81

DSCR

$1,510

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,677

Downpayment

20%

$38,740

Closing costs

1%

$1,937

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,510

Total Expenses

$1,782

Mortgage P&I

67%

$1,018

Property Taxes

21%

$312

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$151

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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Comparable Property

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2

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2

1

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5

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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