3701 Michael Ave Warren, MI 48091
3bd, 1ba | 1,092sqft | Built in 1955
investment property - 3701 Michael Ave, Warren, MI 48091, Macomb - image 0
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investment property - 3701 Michael Ave, Warren, MI 48091, Macomb - image 0
investment property - 3701 Michael Ave, Warren, MI 48091, Macomb - image 1
investment property - 3701 Michael Ave, Warren, MI 48091, Macomb - image 2
List Price
$89,500
Initial Investment : $91,268
Purchase Price
$89,500
Down Payment
100%
Rent
$1,075

Total Return
$37,427
Annualized Return
8.1%
Cap Rate
8.3%
Gross Yield
14.4%
Cash Flow
$6,729
Appreciation
1.4%
Gross Yield
14.4%
 
Cap Rate
8.3%
 
Cash on Cash
7.4%
 
Ann. Return
8.1%
in 5 years
Initial Investment
$91,268
Purchase Price
$89,500
Down Payment
100%
Loan Interest Rate
4.250%
Closing Costs
1.50%
Est. Immediate Costs
$425
Total Return
$37,427
Appreciation
1.4%
Net Cash Flow Year 1 Year 3 Year 5 Year 10
Annual $6,729 $7,220 $7,744 $9,024
Monthly $561 $602 $645 $752
Property Value in 2025
$95,910
Loan Balance
$0
Disposition Fees
-$3,357

Sale Proceeds
$92,553

Est. Investment Value over time

Year 5 Year 10 Year 20 Year 30
Cumulative Net Cash Flow $36,142
$602/mo
$78,710
$656/mo
$185,266
$772/mo
$328,468
$912/mo
Cumulative Appreciation Gain $6,410
$21,686
$59,924
$111,314
Equity Build Up $89,500
$89,500
$89,500
$89,500
Total Investment Value $132,052
$189,896
$334,690
$529,282