Zip Code 49251 — Leslie, MI
🟡MODERATE— average returnsF
Poor
Negative cash flow likely · Score: 32/100
Cap Rate
4.3%
Monthly Cash Flow
-$426
Median Home Price
$239,603
DSCR
0.67
Fair Market Rents
- Studio
- $860/mo
- 1 Bedroom
- $900/mo
- 2 Bedroom
- $1,110/mo
- 3 Bedroom
- $1,450/mo
- 4 Bedroom
- $1,490/mo
Investment Metrics
- Cap Rate
- 4.3%
- Cash-on-Cash Return
- -9.3%
- Price-to-Rent Ratio
- 13.8
- 1% Rule
- 0.61%
- Gross Rent Multiplier
- 13.8
- Vacancy Rate
- 8.0%
Assumptions Used
20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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