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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 Mid-Term investment with a projected -13.28% first-year return on $181k initial cash invested.

-13.28%

Cash On Cash

2.97%

Cap Rate

0.51

DSCR

$4,036

Rent

-$2,008

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

$181k

Downpayment

20%

$156k

Closing costs

1%

$7,781

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,036

Total Expenses

$6,044

Mortgage P&I

94%

$3,775

Property Taxes

15%

$600

Home Insurance

7%

$298

HOA

0%

$0

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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