3701 Michael Ave Warren, MI 48091
3bd, 1ba | 1,092sqft | Built in 1955
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Initial Investment
$91,775
List Price: $90,000
Purchase Price
$90,000
Down Payment
100%
Rent
$1,075

Total Return
$38,140
Annualized Return
8.2%
Cap Rate
8.3%
Gross Yield
14.3%
Cash Flow
$6,862
Appreciation
1.4%
Gross Yield
14.3%
 
Cap Rate
8.3%
 
Cash on Cash
7.5%
 
Ann. Return
8.2%
in 5 years
Initial Investment
$91,775
Purchase Price
$90,000
Down Payment
100%
Loan Interest Rate
4.750%
Closing Costs
1.50%
Est. Immediate Costs
$425
Total Return
$38,140
Appreciation
1.4%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $6,862 $7,361 $7,893 $9,197
Monthly $572 $613 $658 $766
Property Value in 2024
$96,446
Loan Balance
$0
Disposition Fees
-$3,376

Sale Proceeds
$93,070

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $36,845
$614/mo
$80,228
$669/mo
$188,823
$787/mo
$334,766
$930/mo
Cumulative Appreciation Gain $6,446
$21,807
$60,259
$111,936
Equity Build Up $90,000
$90,000
$90,000
$90,000
Total Investment Value $133,290
$192,034
$339,082
$536,701