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631 Heritage Ln, Rochester Hills, MI 48309

3 beds • 3 baths • 3190 sqft

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This property looks like a bad Long-Term investment with a projected -16.5% first-year return on $112k initial cash invested.

-16.5%

Cash On Cash

2.71%

Cap Rate

0.46

DSCR

$2,836

Rent

-$1,543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,345

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,836

Total Expenses

$4,379

Mortgage P&I

92%

$2,608

Property Taxes

22%

$616

Home Insurance

7%

$192

HOA

8%

$225

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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