Zip Code 48601 โ€” Saginaw, MI

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

18.4%

Monthly Cash Flow

+$612

Median Home Price

$61,279

DSCR

2.88

Fair Market Rents

Studio
$660/mo
1 Bedroom
$740/mo
2 Bedroom
$970/mo
3 Bedroom
$1,250/mo
4 Bedroom
$1,290/mo

Investment Metrics

Cap Rate
18.4%
Cash-on-Cash Return
52.1%
Price-to-Rent Ratio
4.1
1% Rule
2.04%
Gross Rent Multiplier
4.1
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†’