Zip Code 48505 โ€” Flint, MI

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

32.2%

Monthly Cash Flow

+$737

Median Home Price

$34,277

DSCR

5.04

Fair Market Rents

Studio
$660/mo
1 Bedroom
$760/mo
2 Bedroom
$950/mo
3 Bedroom
$1,180/mo
4 Bedroom
$1,290/mo

Investment Metrics

Cap Rate
32.2%
Cash-on-Cash Return
112.1%
Price-to-Rent Ratio
2.4
1% Rule
3.44%
Gross Rent Multiplier
2.4
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†’