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8978 Hidden Lake Dr, Howell, MI 48855

3 beds • 2 baths • 1867 sqft

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This property looks like a bad Long-Term investment with a projected -8.25% first-year return on $91,329 initial cash invested.

-8.25%

Cash On Cash

4.49%

Cap Rate

0.76

DSCR

$2,511

Rent

-$628

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,329

Downpayment

20%

$86,980

Closing costs

1%

$4,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,511

Total Expenses

$3,139

Mortgage P&I

85%

$2,128

Property Taxes

8%

$205

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$251

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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