Zip Code 48047 — Chesterfield, MI
🔴WEAK— appreciation play onlyCap Rate
2.5%
Monthly Cash Flow
-$1,114
Median Home Price
$344,120
DSCR
0.39
🏠 Fair Market Rents
- Studio
- $850/mo
- 1 Bedroom
- $940/mo
- 2 Bedroom
- $1,190/mo
- 3 Bedroom
- $1,470/mo
- 4 Bedroom
- $1,580/mo
📊 Investment Metrics
- Cap Rate
- 2.5%
- Cash-on-Cash Return
- -16.9%
- Price-to-Rent Ratio
- 19.5
- 1% Rule
- 0.43%
- Gross Rent Multiplier
- 19.5
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →