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711 Lochhead Ave, Flint, MI 48507

3 beds • 3 baths • 1134 sqft

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This property could be a profitable Mid-Term investment with a projected 25.81% first-year return on $32,595 initial cash invested.

25.81%

Cash On Cash

19.41%

Cap Rate

3.23

DSCR

$1,880

Rent

$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$69,500

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,595

Downpayment

20%

$13,900

Closing costs

1%

$695

Rehab

0%

$0

Furnishing

26%

$18,000

Cashflow

Total Income

$1,880

Total Expenses

$1,179

Mortgage P&I

19%

$348

Property Taxes

8%

$159

Home Insurance

2%

$33

HOA

0%

$0

Property Management

12%

$226

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$207

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