26023 Norfolk St Inkster, MI 48141
2bd, 1ba | 710sqft | Built in 1950
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Initial Investment
$72,720
List Price: $68,000
Purchase Price
$68,000
Down Payment
100%
Rent
$911

Total Return
$25,342
Annualized Return
7.0%
Cap Rate
8.5%
Gross Yield
16.1%
Cash Flow
$5,147
Appreciation
1.4%
Gross Yield
16.1%
 
Cap Rate
8.5%
 
Cash on Cash
7.1%
 
Ann. Return
7.0%
in 5 years
Initial Investment
$72,720
Purchase Price
$68,000
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$3,700
Total Return
$25,342
Appreciation
1.4%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $5,147 $5,542 $5,963 $6,960
Monthly $429 $462 $497 $580
Property Value in 2024
$72,870
Loan Balance
$0
Disposition Fees
-$2,550

Sale Proceeds
$70,320

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $27,743
$462/mo
$60,575
$505/mo
$142,761
$595/mo
$253,212
$703/mo
Cumulative Appreciation Gain $4,870
$16,476
$45,529
$84,574
Equity Build Up $68,000
$68,000
$68,000
$68,000
Total Investment Value $100,613
$145,051
$256,290
$405,786