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$2,408 (target)

1105 Lenox St, Piqua, OH 45356

3 beds • 2 baths • 1539 sqft

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This property might be a fair Mid-Term investment with a projected 4.58% first-year return on $61,050 initial cash invested.

4.58%

Cash On Cash

8.32%

Cap Rate

1.3

DSCR

$2,408

Rent

$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,408 income − $2,175 expenses = $233 cash flow

Income$2,408Mortgage P&I$1,09345%Property Taxes$1928%Insurance$723%Management$28912%CapEx$964%Vacancy$723%Maintenance$964%Other$26511%Cash Flow$233

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,408

Total Expenses

$2,175

Mortgage P&I

45%

$1,093

Property Taxes

8%

$192

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$289

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$265

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