26023 Norfolk St Inkster, MI 48141
2bd, 1ba | 710sqft | Built in 1950
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Initial Investment
$68,660
List Price: $64,000
Purchase Price
$64,000
Down Payment
100%
Rent
$911

Total Return
$24,712
Annualized Return
7.3%
Cap Rate
8.9%
Gross Yield
17.1%
Cash Flow
$5,043
Appreciation
1.4%
Gross Yield
17.1%
 
Cap Rate
8.9%
 
Cash on Cash
7.3%
 
Ann. Return
7.3%
in 5 years
Initial Investment
$68,660
Purchase Price
$64,000
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$3,700
Total Return
$24,712
Appreciation
1.4%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $5,043 $5,431 $5,846 $6,824
Monthly $420 $453 $487 $569
Property Value in 2024
$68,583
Loan Balance
$0
Disposition Fees
-$2,400

Sale Proceeds
$66,183

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $27,189
$453/mo
$59,379
$495/mo
$139,957
$583/mo
$248,247
$690/mo
Cumulative Appreciation Gain $4,583
$15,507
$42,851
$79,599
Equity Build Up $64,000
$64,000
$64,000
$64,000
Total Investment Value $95,772
$138,886
$246,808
$391,846