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508 Leslie St, Lansing, MI 48912

3 beds • 2 baths • 1912 sqft

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This property might be a fair Long-Term investment with a projected 2.97% first-year return on $27,909 initial cash invested.

2.97%

Cash On Cash

7.61%

Cap Rate

1.21

DSCR

$1,500

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,909

Downpayment

20%

$26,580

Closing costs

1%

$1,329

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,500

Total Expenses

$1,431

Mortgage P&I

47%

$699

Property Taxes

19%

$290

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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SQFT

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$2,850

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