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4906 Conners Ave, Lansing, MI 48911

3 beds • 2 baths • 1431 sqft

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This property might be a fair Mid-Term investment with a projected 6.54% first-year return on $58,677 initial cash invested.

6.54%

Cash On Cash

8.93%

Cap Rate

1.42

DSCR

$2,586

Rent

$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,677

Downpayment

20%

$38,740

Closing costs

1%

$1,937

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,586

Total Expenses

$2,266

Mortgage P&I

39%

$1,018

Property Taxes

12%

$312

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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