Detroit, MI — Rental Investment Analysis
🟢STRONG— excellent cash flow marketCap Rate
10.5%
Above average
Monthly Cash Flow
+$520
After all expenses
Price-to-Rent
6.4
Investor-friendly
DSCR
1.61
Passes lender test
📊 Key Metrics
- Median Home Price
- $85,000
- Average Rent (3BR)
- $1,100/mo
- Price-to-Rent Ratio
- 6.4(good)
- 1% Rule
- 1.29%(passes)
- Cash-on-Cash Return
- 13.8%
- Vacancy Rate
- 12.0%
📈 Market Strength
- Job Growth
- +0.8% YoY
- Population Growth
- -0.5% YoY
- Home Price Appreciation (5yr)
- +35%
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →