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3426 Kingsway Dr, Highland, MI 48356

3 beds • 3 baths • 2552 sqft

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This property looks like a bad Long-Term investment with a projected -19.7% first-year return on $163k initial cash invested.

-19.7%

Cash On Cash

1.89%

Cap Rate

0.33

DSCR

$2,691

Rent

-$2,682

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$778k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$156k

Closing costs

1%

$7,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,691

Total Expenses

$5,373

Mortgage P&I

140%

$3,775

Property Taxes

22%

$600

Home Insurance

11%

$298

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$161

Maintenance

5%

$135

Other

0%

$0

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