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889 Hadley Rd, Rochester Hills, MI 48307

3 beds • 2 baths • 1824 sqft

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This property looks like a bad Long-Term investment with a projected -6.41% first-year return on $82,131 initial cash invested.

-6.41%

Cash On Cash

5.06%

Cap Rate

0.84

DSCR

$2,660

Rent

-$439

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,131

Downpayment

20%

$78,220

Closing costs

1%

$3,911

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,660

Total Expenses

$3,099

Mortgage P&I

74%

$1,955

Property Taxes

12%

$317

Home Insurance

5%

$135

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1645 Treeside Dr, Rochester Hills, MI 48307

$2,800

3

2.5

1825

1 mi

172 Parsons Ln, Rochester Hills, MI 48307

$2,550

3

2.5

1700

0.3 mi

411 Wilcox St, Rochester, MI 48307

$2,800

3

2

1600

1.1 mi

1609 Glen Meadow Ct, Rochester Hills, MI 48307

$2,200

3

1.5

1928

0.7 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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