Download App
← Calculators

Michigan Cash on Cash Return Calculator

Cash on cash return measures annual cash flow ÷ total cash invested. Pre-filled with Michigan market data including property tax, insurance, vacancy rates, and management fees.

Browse calculators by state

Property & Financing

Rental Income

Operating Expenses(Michigan defaults)

Total Annual Expenses$10,141

Michigan Market Context

Avg Cap Rate

7%

Median Price

$249K

Property Tax

1.13%

Vacancy Rate

6.8%

Local Factors

  • -Detroit and Grand Rapids are popular cash-flow markets for out-of-state investors
  • -Proposal A caps assessment increases at inflation rate for existing owners
  • -Wide variation between metro markets; rural areas face population decline

Sources

World Population Review – Median Home PriceFL Probate Law – Property Tax Rates (ACS Data)The Hartford – Insurance RatesiPropertyManagement – Vacancy Rates

Cash on Cash Return

-16.1%

Negative
Annual Cash Flow$-9,245
Monthly Cash Flow$-770
Total Cash Invested$57,270
Monthly Mortgage$1,325
NOI$6,659

Where Rent Goes

COC RETURN-16.1%
Cash Flow$0
Debt Service$15,903
Expenses$10,141

Cash Invested Breakdown

Down Payment$49,800
Closing Costs$7,470

What does this mean?

Negative cash on cash means you're losing money each month. The property's rental income doesn't cover your expenses and mortgage. Consider renegotiating the price, increasing rents, or walking away.

Keep running the numbers

One calculator rarely tells the whole story.

You know your Michigan cash return. Now check if lenders agree with your deal.

Cap Rate

Calculate the capitalization rate to evaluate a property's potential return based on its net operating income.

Calculate

DSCR

Calculate the Debt Service Coverage Ratio to see if a property's rental income covers its loan payments.

Calculate

Mortgage

Calculate your monthly mortgage payment, total interest, and see a full cost breakdown.

Calculate

Want to analyze a full deal with comps, rehab estimates, and flip projections?

Download Frontflip
Get Frontflip for iOS
AI for real estate investment research