Zip Code 48506 โ€” Flint, MI

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

13.3%

Monthly Cash Flow

+$490

Median Home Price

$85,491

DSCR

2.08

Fair Market Rents

Studio
$730/mo
1 Bedroom
$840/mo
2 Bedroom
$1,050/mo
3 Bedroom
$1,300/mo
4 Bedroom
$1,430/mo

Investment Metrics

Cap Rate
13.3%
Cash-on-Cash Return
29.9%
Price-to-Rent Ratio
5.5
1% Rule
1.52%
Gross Rent Multiplier
5.5
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†’