Zip Code 48505 โ Flint, MI
๐ขSTRONGโ excellent cash flow marketA
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