The Rental Wire

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7 SFR Investment Opportunities | August 31st, 2022

2303 Waverly St, Detroit, MI 48238

  • Price: $80,000
  • 5 bedrooms, 2 bathrooms
  • Estimated rental income: $1,300
  • Monthly expected net cash flow: $4,335
  • Expected cash on cash return year 1: 14.15%
  • Expected cash on cash return year 5: 18.88%

1231 Wolf Ct, East Lansing, MI 48823

  • Price: $205,000
  • 5 bedrooms, 2 bathrooms
  • Estimated rental income: $3,499
  • Monthly expected net cash flow: $12,416
  • Expected cash on cash return year 1: 15.82%
  • Expected cash on cash return year 5: 20.81%

5582 Ridgemoor Ct, Rockford, IL 61107

  • Price: $149,000
  • 3 bedrooms, 2 bathrooms
  • Estimated rental income: $2,100
  • Monthly expected net cash flow: $5,567
  • Expected cash on cash return year 1: 9.76%
  • Expected cash on cash return year 5: 13.78%

15395 Snowden St, Detroit, MI 48227

  • Price: $77,999
  • 3 bedrooms, 1 bathrooms
  • Estimated rental income: $1,198
  • Monthly expected net cash flow: $3,684
  • Expected cash on cash return year 1: 12.34%
  • Expected cash on cash return year 5: 16.77%

5823 S Adams St, Bartonville, IL 61607

  • Price: $84,900
  • 4 bedrooms, 2 bathrooms
  • Estimated rental income: $1,200
  • Monthly expected net cash flow: $3,199
  • Expected cash on cash return year 1: 9.84%
  • Expected cash on cash return year 5: 13.88%

3605 N Finnell Ave, Peoria, IL 61604

  • Price: $99,900
  • 3 bedrooms, 2 bathrooms
  • Estimated rental income: $1,369
  • Monthly expected net cash flow: $3,429
  • Expected cash on cash return year 1: 8.96%
  • Expected cash on cash return year 5: 12.86%

That's it for now! If you have any feedback or suggestions, feel free to reply directly to this email. 

-Erik (on behalf of The Rental Wire)

*All cash-on-cash returns assume 20% down, do not include equity / expected appreciation. Includes maintenance, capex, property management, insurance, etc (conservative assumptions). Estimates only, not investment advice.



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