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895 E Wardlow Rd, Highland, MI 48356

3 beds • 2 baths • 1425 sqft

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This property looks like a bad Long-Term investment with a projected -10.24% first-year return on $78,981 initial cash invested.

-10.24%

Cash On Cash

4.04%

Cap Rate

0.69

DSCR

$2,230

Rent

-$674

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,981

Downpayment

20%

$75,220

Closing costs

1%

$3,761

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,230

Total Expenses

$2,904

Mortgage P&I

82%

$1,829

Property Taxes

17%

$368

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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