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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 Mid-Term investment with a projected -1.42% first-year return on $96,981 initial cash invested.

-1.42%

Cash On Cash

5.9%

Cap Rate

1.01

DSCR

$3,345

Rent

-$115

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

$96,981

Downpayment

20%

$75,220

Closing costs

1%

$3,761

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,345

Total Expenses

$3,460

Mortgage P&I

55%

$1,829

Property Taxes

11%

$368

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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