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Joe Donlevy
  • Charlotte, NC
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Property Tax Calculation in Oakland co

Joe Donlevy
  • Charlotte, NC
Posted Jul 23 2021, 19:44

I am looking at buying a sfh rental in Oakland County and trying to calculate the proforma property taxea as an investor. 

If I use the calculator on the state website https://treas-secure.state.mi....

If the ourchase price is 150k and enter that as the sev and complete the remaining info it says annual property taxes are almost 12,000. Does that seem correct?

Makes it a nonstarter if so. 

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