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2725 Cooley Lake Rd, Highland, MI 48356

3 beds • 2 baths • 2342 sqft

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This property looks like a bad Mid-Term investment with a projected -6.96% first-year return on $141k initial cash invested.

-6.96%

Cash On Cash

4.44%

Cap Rate

0.77

DSCR

$3,813

Rent

-$818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$586k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,855

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,813

Total Expenses

$4,631

Mortgage P&I

74%

$2,830

Property Taxes

8%

$299

Home Insurance

5%

$205

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$419

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