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$2,746 (target)

101 Vernedale Dr, Mount Vernon, OH 43050

3 beds • 3 baths • 3126 sqft

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This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $77,829 initial cash invested.

4.59%

Cash On Cash

7.57%

Cap Rate

1.29

DSCR

$2,746

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,746 income − $2,448 expenses = $298 cash flow

Income$2,746Mortgage P&I$1,39051%Property Taxes$241%Insurance$1004%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$298

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,746

Total Expenses

$2,448

Mortgage P&I

51%

$1,390

Property Taxes

1%

$24

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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