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465 Heights Rd, Lake Orion, MI 48362

3 beds • 2 baths • 2352 sqft

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This property looks like a bad Long-Term investment with a projected -19.27% first-year return on $118k initial cash invested.

-19.27%

Cash On Cash

1.99%

Cap Rate

0.34

DSCR

$2,195

Rent

-$1,896

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$562k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$112k

Closing costs

1%

$5,621

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,195

Total Expenses

$4,091

Mortgage P&I

124%

$2,717

Property Taxes

27%

$601

Home Insurance

9%

$201

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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