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1881 Reidsview Dr, White Lake, MI 48383

3 beds • 4 baths • 4529 sqft

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This property looks like a bad Long-Term investment with a projected -15.54% first-year return on $209k initial cash invested.

-15.54%

Cash On Cash

3.06%

Cap Rate

0.51

DSCR

$5,768

Rent

-$2,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$997k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$209k

Downpayment

20%

$199k

Closing costs

1%

$9,965

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,768

Total Expenses

$8,478

Mortgage P&I

86%

$4,964

Property Taxes

24%

$1,385

Home Insurance

11%

$630

HOA

0%

$0

Property Management

10%

$577

CapEx

5%

$288

Vacancy

6%

$346

Maintenance

5%

$288

Other

0%

$0

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