Zip Code 48529 โ€” Burton, MI

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

11.4%

Monthly Cash Flow

+$390

Median Home Price

$92,980

DSCR

1.79

Fair Market Rents

Studio
$700/mo
1 Bedroom
$800/mo
2 Bedroom
$1,000/mo
3 Bedroom
$1,240/mo
4 Bedroom
$1,360/mo

Investment Metrics

Cap Rate
11.4%
Cash-on-Cash Return
21.9%
Price-to-Rent Ratio
6.2
1% Rule
1.33%
Gross Rent Multiplier
6.2
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’